Founded in 1979, IRMA is Illinois' first municipal risk pool, serving over 70 municipalities and special districts.
As a non-profit agency owned by its members, we offer comprehensive coverage, expert risk management, and tailored training for public entities like yours.
Unlike traditional insurers, we focus on collaboration, finding solutions for claims and providing resources to reduce future risks without hefty premium hikes or cancellations.
Partner with IRMA for robust support and financial savings designed to fit the unique needs of local governments.
As a member-owned, self-governed public risk pool, we exist solely to provide high-quality risk management services at substantial savings to public entities like yours.
Our Mission is to provide reliable protection against human and financial losses through self-directed and proactive partnership that delivers high-quality services that are professionally managed for the benefit of members at a cost that is competitively priced.
- Non-Profit Intergovernmental Partnership.
IRMA is a true non-profit municipal pool, returning all investment gains through a diversified portfolio to its members each year and also offering municipal-centric coverage, services and trainings. - Self-Governance and Transparency.
IRMA members are owners of the pool, making governance decision by a fully representative Board of Directors and providing full financial transparency to its members in addition to a uniform contribution formula that incorporates individual member losses to assure appropriate accountability. - Stable Pricing and Risk Sharing.
IRMA members benefit from economies of scale, assuring better coverage terms and pricing, in addition to a 5 year look-back and sliding scale that caps large losses to assure that premium spikes and policy cancellations are avoided. - Comprehensive loss prevention, risk management consulting and training services.
IRMA proactively addresses loss trends through solid risk management consultations as well as subject matter trainings to assure public employees are aware of exposure and options to prevent or reduce liability.
IRMA provides complete financial transparency to its members.
Unlock Exceptional Benefits with IRMA: Experience the difference with IRMA, where we specialize in municipal risk management to deliver tailored solutions for your unique needs.
Our expertise ensures significant cost savings and comprehensive coverage, including workers' compensation, auto, and general liability.
Benefit from professional claims management and advanced loss prevention services designed to enhance safety and reduce risks.
Partner with us to unlock a new level of support and financial efficiency for your municipality.
"Overall one of the best pools we've reviewed with respect to the consistency and depth of their risk management program, loss control training for members and adherence to actuarially sound pricing for the pool's retained layer."
(MUNICH RE - AMERICA, UNDERWRITING REVIEW)
Partnering with us presents a mutually beneficial opportunity for your public entity and the constituents you serve.
We provide comprehensive protection, substantial financial benefits, and top-tier service tailored to safeguard your people, assets, and operations.
Our commitment to excellence has established us as a foremost authority in public sector risk management, trusted nationwide since 1979.
Contact us today to discuss how our specialized services can be integrated into your existing risk management program, ensuring maximum protection and efficiency.