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About

About

Mission Statement 

To provide comprehensive property, liability, and worker's compensation programs that minimize the impact of the State's human, physical and financial damages by identifying, evaluating, controlling, and mitigating exposures to loss; and by managing post-loss claims

Purpose of Risk Management

Risk Management was established in 1976 to provide insurance coverage to state agencies and employees for property, liability and workers' compensation losses in accordance with the statutory provisions found in A.R.S Section 41-621 through Section 41-625.

Risk Management has the responsibility for making and carrying out decisions that will minimize the adverse effects of accidental losses that involve state government assets.
 
In order for Risk Management to fulfill the responsibility of preventing or reducing the potential severity of losses, it is essential to identify the type of assets exposed to loss; the perils or hazards that could cause loss; the state agency that could suffer the loss; and the potential financial consequence of the loss on the agency's operations.
 

Administrative Services

Risk Management Administration is dedicated to enhancing external and internal risk management customers' ability to conduct their business.

Support services include:
  • Personnel
  • Purchasing
  • Reception
  • Facility management
  • Strategic planning
  • Reporting Library of claim files
  • Information technology

Statutory Responsibilities

Risk Management is a division of the Arizona Department of Administration. Risk Management was established in 1976 to provide insurance coverage to state agencies and employees for property, liability and workers compensation losses in accordance with the statutory provisions found in Arizona Revised Statutes Section 41-621 through Section 41-625. Risk Management's statutory responsibilities are to: Adjust claims associated with property loss or damage, liability lawsuits alleging negligence, and workers' compensation injuries to state employees. Self-insure these various types of losses, and/or purchase commercial insurance to offset them whenever advantageous to do so. Employ safety measures to pro-actively prevent accidents/incidents which could give rise to property, liability and workers' compensation claims.