OUR MISSION
PURMA 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.
About PURMA
PURMA is a 501(C) (6) not- for- profit association governed by a seven member board of directors elected from representatives of the member utility systems in accordance with our formal by-laws. A qualified professional staff is in place to manage the ongoing operations of the association and provide services to our members. PURMA was formally organized in 1996. Our origins, however, date back as far as 1977 when a small group of municipally owned utilities banded together to collectively purchase group liability insurance coverage. From that time, insurance lines, related products and services, and membership have steadily grown to what they are today. PURMA seeks to provide members with access to insurance at reasonable cost regardless of market conditions and to offer and promote loss prevention and risk management resources to our members.