Manchester Municipal Risk Management Authority


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Upcoming Meetings
03.01.17 Finance Committee Meeting
03.01.17 Membership Committee Meeting
03.02.17 2017 Risk Management Workshop
03.03.17 State Pool Committee Meeting
03.07.17 DPS Advisory Committee Meeting
03.09.17 U.P. Law Enforcement Advisory Committee Meeting


What's New/Hot Topic From MMRMA to You
Board Approves $23.7 Million Distribution
Board of Directors declares distribution of excess net assets to current renewing MMRMA members.


February 2017
MMRMA Forms Greenstone, a Captive Insurance Company; Preview of March 2017 Risk Management Workshop; Managing Risk When Renting Out Municipal Facilities

2016 "MMRMA: A Champion Spirit"
MMRMA celebrates its successes in 2016 and throughout its history, thanks to the dedication and integrity of our members, Board, staff, and service providers. That spirit of character, commitment, collaboration, and innovation has made our excellence and longevity possible.
Partners
MMRMA taps a variety of excellent contract service providers to assist its staff in the day-to-day and ongoing management of the organization, from marketing and member services to legal counsel, auditing, and expert financial management.

Marketing
MMRMA markets its services through an in-house risk manager and a statewide network of regional risk management agencies. These risk managers represent MMRMA when discussing coverage and costs with prospective members, act as liaisons between MMRMA and its members, and present annual renewal questionnaires and renewal proposals to current members.

Legal Services
Defense counsel for MMRMA members is provided by several Michigan law firms with expertise in municipal risk exposure. These firms have litigation experience in all areas of municipal operations. MMRMA believes that aggressive, comprehensive investigation and preparation are the most cost-effective means of obtaining favorable outcomes.

MMRMA also retains a general counsel to provide legal advice to the Board of Directors and the Executive Director on matters affecting the organization directly. In certain cases, MMRMA retains special counsel to assist the general counsel.

Investment and Auditing Services
With oversight and direction from the Board of Directors and the Finance Committee, MMRMA's investment portfolio is diversified to provide consistent returns in both up and down markets with the assistance of an investment manager. An independent evaluation of portfolio performance is conducted regularly to ensure compliance with pre-determined guidelines.

Nationally recognized experts in the area of public entity pooling audit MMRMA's financial records annually and prepare actuarial analyses of MMRMA's retained risk.



Michigan Municipal Risk
Management Authority

14001 Merriman Road
Livonia, MI 48154
734.513.0300
800.243.1324

MMRMA has been a leader in municipal risk since 1980 and remains committed to meeting the ever-expanding challenges faced by its membership. MMRMA's risk control services are designed to help its members identify, prevent, and mitigate losses through on-site surveys, training, and other services. MMRMA also provides its members with premier claims and legal services, sound financial management, and essential news on the latest developments in public risk management.


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