Which of the following is NOT a purpose of creating a Risk Purchasing Group?

The purpose of creating a Risk Purchasing Group primarily revolves around facilitating members in acquiring insurance and minimizing costs through collective purchasing. Risk Purchasing Groups are formed specifically to allow businesses with similar risk profiles to pool their resources, which leads to better negotiating power with insurers. This pooling enables them to secure more favorable coverage terms and potentially lower rates than they might achieve individually.

In contrast, ensuring compliance with international standards is not a purpose of establishing a Risk Purchasing Group. Compliance with such standards is generally more related to regulatory requirements and operational guidelines rather than the direct objectives of collective insurance purchasing. As such, while certain industries may have international standards that indirectly influence their insurance needs, the primary goals of a Risk Purchasing Group do not encompass this aspect.