ACCG Insurance Property & Liability
The nature of county government employment create unique exposure to property and liability risks.
Let ACCG help manage this risk and provide for your property and liability needs.
ACCG Interlocal Risk Management Agency is a pooled risk-sharing program designed to fill the needs of county governments and authorities for property and liability coverage. The members join together in contributing towards the ACCG – IRMA Fund, which is dedicated to providing cost-effective risk financing, greater stability, more flexibility, and quality loss control services. The Fund is owned by its members and is managed by a seven-member Board of Trustees who are representatives from participating counties.
Since its inception in 1987 at the request of Georgia county governments, Georgia law allowed county governments to pool their resources by forming a non-profit insurance fund as an efficient method of financing insurable risks, which ultimately reduces insurance costs for the members. The Georgia legislature has authorized the ACCG - IRMA to allow county authorities, regional development centers, libraries, and other similar government entities to participate in the fund. The ACCG – IRMA operates under the authority of the Official Code of Georgia Annotated, et seq. 36-85-20, and is regulated by the Office of the Commissioner of Insurance for the State of Georgia. The ACCG – IRMA is sponsored and administered by the Association County Commissioners of Georgia (ACCG).
The ACCG – IRMA estimates the anticipated losses for its members. The insurance premiums, which are allocated for the anticipated losses, are deposited and invested until such time that they are needed to pay claims. The funds not used to pay claims and operating expenses, and the investment income earned on the premium belong to the membership. Dividends are possible because of favorable results in the investment of premium dollars, and the successful management efforts on the part of the counties and authorities in reducing exposure by promoting safety and implementing loss control techniques.
The fund began with an initial membership of 14 counties. Today, ACCG provides property and liability coverage to approximately three-fourths of Georgia’s counties, more than all other insurers combined. ACCG – IRMA has returned over $41 million in dividends to its members.
Ben Pittarelli, Health Program and Insurance Marketing Director, at (404) 522-5022 or [email protected]
Joe Dan Thompson, Marketing and Field Service Representative, at (404) 522-5022 or [email protected]