The Connecticut Interlocal Risk Management Agency (CIRMA) was established as a service program of CCM in 1980 in response to the municipal insurance crisis of the time. Our members' loyalty and dedication has enabled CIRMA to become Connecticut's leading provider of municipal risk financing and risk management services. CIRMA operates two risk pools, the Workers' Compensation and the Liability-Auto-Property pool. We also provide Heart & Hypertension claims services and claims administration and risk management services to self-insured municipalities.
CIRMA began with a little over $3.4 million in members' assets and 16 members; today our total assets under management total approximately $300 million, providing a base for stable rates, high capacity, and assured availability of quality insurance coverage. We provide coverage to 350 municipal, school, and local public agency members. As a not-for-profit association of Connecticut municipalities, school districts, and local public agencies, CIRMA's mission is meeting the risk financing and risk management needs of our members.
CIRMA's financial strength enables it to provide:
CIRMA provides members tailored coverage, expert claims and policy administration services, heart & hypertension claims services, and on-site risk management consulting and training services. CIRMA and its members have much to celebrate this year. We are proud to announce the creation of a Distribution program for our eligible members. The program enables eligible members to share in CIRMA's financial success.