PURMA’s Mission
Public Utilities Risk Management Association provides publicly owned Utilities and Cooperatives exceptional and cost-effective risk management solutions including commercial insurance procurement, placement in member-owned captives, and insurance education and training. PURMA exists to function in the place of or as an additional resource to our members’ risk management department. Our vision is to become the risk management partner of every Public Utility and Utility Cooperative in the Northeast.
CAPTIVE PROGRAMS
PURMA administers two Captive Insurance Companies, PUMIC RRG and PEIC LLC, providing Liability and Property Insurance exclusively to our members.
COMMERCIAL INSURANCE PLACEMENTS
PURMA leverages group buying power to negotiate premium discounts and favorable coverage language on behalf of our members.
RISK MANAGEMENT SERVICES
PURMA offers risk management consulting and support to members, meeting with each member annually to review their insurance program and make recommendations for improvement.
WHY JOIN PURMA?
Far too often General Managers and Department Heads are tasked with managing the organization’s insurance program with little to no guidance on the ever-changing insurance environment. By partnering with PURMA, you gain the knowledge and expertise of a top-notch risk management firm without the price tag. Membership is reserved exclusively for Public Utilities and Utility Cooperatives in the Northeast. Simply pick up the phone and call us.