What is Risk Management?
The proactive protection of Union County 's resources and assets though a combination of insurance and loss prevention or loss control techniques.
- Employees
- Property
- Funds and Reserves
Overview
Risk Management is responsible for oversight and protection of all County assets through purchase of insurance, contractual risk transfer, program and operational analysis, mitigation of insured losses, safety and loss prevention and related programs and policy development.
Union County formalized the risk management process in 1999 when the position of risk manager was created and funded to manage the growth in exposures and costs inherent in the county that is growing at an exponential rate.
Risk Management has established Countywide written policies and procedures relative to insurance and self-insurance programs, claim management and employee safety and health programs.
These include a Vehicle Use Policy, Accident Cost Allocation Policy, Vehicle Claim Reporting Policy and Employee Injury Reporting Policy.
Contractual Risk Transfer procedures and a Certificate of Insurance Program ensure that the County has reliable recourse against vendors and contractors who create exposure to the County while operating on our premises or while providing service to the County Agencies and Departments under contract.
Risk Management manages the aggressive pursuit of insurance recoveries for damages caused to County property and vehicles by third parties though its Subrogation Procedures.
Employee safety and compliance with Federal and State mandated safety regulations are managed and monitored though development of standards and training required under the Occupational Safety and Health Act.
Risk Management Objectives
- To protect and preserve Union County assets and its employees against losses which could deplete County resources or impair the County's ability to meet its legal obligations or provide services to its citizens.
- To institute all practical measures to eliminate or control injury to persons, loss to property or other loss producing conditions that may adversely affect revenue flows.
- To serve as a professional safety and risk management resource to all County departments and agencies.
- To achieve these objectives in the most effective and economical manner