Regency Bank

Workers' Comp Products

Self-Insured Workers' Compensation Funds

for Your Industry

Self-insured funds were established for the benefit of employers in Michigan, allowing them to form unique, industry-specific programs to control long term workers' compensation costs.  Owned and operated by actual members, self-insured funds offer the same protection as an insurance company but more efficiently.  With lower overhead expenses and better loss performance than insurance companies, self-insured funds pass the savings back to members by returning unused premium and investment income. 

Regency Group currently administers six self-insured funds and works with independent insurance agencies who specialize in the industry-specific programs. Some of our programs require an agent appointment while others are open.  Please contact us for more information.

Service Short Description

Associated Builders & Contractors of Michigan Self-Insured Workers' Compensation Fund

Committed to insuring Michigan contractors since 1995, the ABC Fund offers a 35% premium return to a variety of contractoring employers and also suppliers to the construction industry.

Michigan Cleaning Fund

The Michigan Cleaning Fund was established in 1981 and has an excellent track record of premium returns to its members including dry cleaning, industrial laundries, carpet cleaners, carwashes and commercial janitorial operations.

Michigan Clubs Self Insurance Fund

Specializing in country clubs, golf courses (private & public), yacht clubs, and riding clubs since 1983, the Michigan Self Insurance Clubs Fund has returned over 50% of a member’s premium. The Clubs Fund is endorsed by Michigan Golf Course Owners Association.

Michigan Food Processor & Distribution Fund

The MFPD Fund was established in 2007. This program has a wide range of eligible classifications including: food processing, food wholesale, food distribution -including pet food.

Michigan Horticulture Industries Fund

The Michigan Floral Association & Michigan Nursery & Landscape Association endorsed the MHI Fund since 1995. This program has an average 48% return and is eligible to florists, landscapers, nurseries, greenhouses, sod farms, garden centers, and wholesale suppliers.

Michigan Restaurant & Lodging Fund

Serving the hospitality industry since 1992, the MRL Fund is endorsed by the Michigan Restaurant Association and the Michigan Lodging & Tourism Association. The MRL Fund has returned an average of 47% of a participant’s premium.

What Clients are saying

“Workers’ Compensation insurance can be very costly, which is why we have had our insurance with the MHI Fund for over 10 years. We've received back thousands toward our premium. We highly recommend this money-saving program to all members of the Michigan Floral Association!”

- John VanderSalm
VanderSalm’s Flower Shop, Inc.

Directions to Us


1690 Watertower Place
Suite 500
East Lansing, MI 48823

PH: 800.686.6640 | 517.664.2770
FAX: 517.664.2787

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