The Utah Counties Insurance Pool is a public agency insurance mutual organized in accordance with the Utah Insurance Code and the Utah Interlocal Cooperation Act. Membership in the Pool is restricted to Utah counties that are parties to the Amended Interlocal Cooperation Agreement.

Participating Member Counties formed Utah Counties Insurance Pool and commenced its operation as a public agency insurance mutual January of 1992. One major reason for that action was the inability of counties to obtain insurance through existing markets that would cover the unique exposures and provide services necessary to properly manage risks at a cost that would be level over time. Due to the cyclical nature of the insurance industry, insurance costs to many counties rose dramatically during the late 1980's, and in some instances coverages became unavailable. Counties, together with UAC staff and insurance consultants, invested considerably in both time and money to create an entity to accomplish the following goals:

1. Provide insurance coverage for appropriate exposures of members;
2. Stabilize premiums;
3. Maximize the input and control of county officials;
4. Develop and provide high quality services, designed for counties;
5. Create equity for the members.

In so doing, Utah counties followed the example of many other public entity associations that have formed similar pools to provide a long-term answer to insurance and risk management problems. In fact, many entities formed by state associations of counties have been very successful in meeting members' expectations regarding stability, service and costs. The 2002 General Session of the Utah Legislature passed Senate Bill 48, Public Agency Insurance Mutual Amendments. Effective July 1, 2002, public agency insurance mutuals, were exempted from most provisions of the Utah Insurance Code and from regulation by the Utah Insurance Department, saving UCIP and its members considerable accounting and auditing expenses.

Since 1992 the Pool has consistently responded to the needs of members and provided many services and advantages unavailable elsewhere. Because only Utah counties are members of the Pool, the services of the Pool specifically focus on the needs of counties.