About Golden state risk management
Golden State Risk Management: The Premier Risk-Sharing Pool for Public Entities in California
Golden State Risk Management Association (GSRMA) is a non-profit organization that provides risk management services to public entities in California. GSRMA was established in 1976 and has since become the premier risk-sharing pool for public entities in the state. Members of GSRMA include cemetery districts, fire districts, special districts, school districts, counties and cities.
GSRMA's mission is to provide its members with comprehensive risk management services that are tailored to their specific needs. The organization achieves this by offering a range of programs and services that help members identify, assess and manage risks associated with their operations.
One of the key benefits of being a member of GSRMA is access to its comprehensive insurance program. This program provides coverage for property damage, liability claims, workers' compensation claims and other types of losses that public entities may face. By pooling resources together through GSRMA's insurance program, members can benefit from lower premiums and greater financial stability.
In addition to its insurance program, GSRMA offers a range of other risk management services designed to help members reduce their exposure to loss. These services include safety training programs, loss control assessments and consulting services on various risk management issues.
GSRMA also provides its members with access to legal counsel through its Legal Defense Fund (LDF). The LDF helps members defend against lawsuits or legal actions brought against them as a result of their operations. This fund has been instrumental in helping many public entities avoid costly litigation expenses.
Another important aspect of GSRMA's mission is education. The organization offers training programs on various topics related to risk management such as workplace safety, emergency preparedness and cyber security. These programs are designed to help members stay up-to-date on best practices for managing risks associated with their operations.
Overall, Golden State Risk Management Association plays an important role in helping public entities in California manage their risks and protect their financial stability. By providing comprehensive insurance coverage, risk management services and legal support, GSRMA helps its members focus on delivering essential services to their communities without worrying about the financial impact of unexpected losses.