3the adjuster will
be taking the role of the adjudicator or dispute review board that
issues interim awards pertaining to matters in dispute; 4 the
premium paid by the members of the group will be based on their
previous experiences with claims in a set of at least 3,000 completed projects;5the fair indemnity rate i.e., premiumpaid by
the groups’ members will be calculated the principles highlighted
by Boyle1977, Boyle et al. 1997, and Boyle et al. 2002for
using standard Brownian motion theorem to price exotic options
using Monte Carlo simulation;