Municipal Insurance & Risk Management (NYMIR)
Exclusive agent for NYMIR in Albany, Greene, Orange, and Ulster counties.
The NYMIR Risk Management Program is designed specifically for municipalities, created to address the loss exposures unique to local governments.
Municipal Insurance Highlights Include:
Property
- Blanket Limits
- No coinsurance
- Extended property enhancements
- Independent property appraisal
General Liability
- Accidental pollution coverage
- Full limits for sexual abuse & molestation
- Full limits on failure to supply (utilities)
- Mutual Aid
Law Enforcement
- Consent to settle
- No deductible for defense (available)
- Hot pursuit
- Department approved moonlighting
- Full limits for sexual abuse & molestation
- Defense costs outside the limit
Automobile
- Additional $3,000 for attached equipment
- Deductible reimbursement for officers & directors
Public Officials
- Full limits for employment related practices
- Land use
- No deductible for defense (available)
- Defense costs outside the limit
Inland Marine
- Replacement Cost
- Flood coverage
- Constructive loss at 75%
Excess
- Up to $10,000,000 limit
Insuring NYS Municipal Governments
As a municipally-owned insurance company, NYMIR strives to provide the insurance coverages that are most important for New York State Local Governments. NYMIR is aware that municipal needs are constantly changing and is able to respond to those needs with the most comprehensive coverage available anywhere.
What is the NYMIR Risk Management Program?
Unlike most other insurance carriers, NYMIR only insures municipal governments and only operates in New York State. This concentrated focus guarantees that NYMIR is both aware of, and able to quickly respond to, changing municipal insurance needs. Whether these needs are driven by world or national events, statutory mandates, or local issues, we will make sure you are prepared. The ultimate goal being to limit the frequency and severity of losses.
We are pleased to offer you these valuable risk control services and resources as a part of our insurance proposal.
Our Risk Control and Resources Include:
- Facility Inspections
- Law Enforcement Liability Assessment
- Special Inspections
- Local Training
- Attendance at Subscriber Safety Committees
- Risk Management Consulting Services
- Certificate of Insurance/Contract/Bid Specifications Review
Protecting and defending member municipalities.
NYMIR has also distinguished itself by providing the very best in claims service and when defending claims that are brought against its membership. What can this mean for your municipality? It's simple.
When a legitimate claim is received for a covered loss, as thousands are every year, it is processed and paid promptly. Our service professionals are trained to understand that public sector clients require that extra measure of courtesy and responsiveness, and they strive to deliver on that commitment each and every day.
Going above and beyond
When a claim or lawsuit brought against a member subscriber is not legitimate, NYMIR distinguishes itself in two critically important ways:
- We have a proactive stance against any and all frivolous claims and lawsuits. We value our member's good name and reputation and will defend it whatever the cost. Again, try to replicate that same commitment from any of the for-profit, commercial carriers that solicit your business.
- We defend all claims with a dedicated cadre of defense attorneys who are selected for their expertise and their commitment to the public sector – not with some politically-connected or high-priced “Philadelphia lawyer” who may not be familiar with New York law or know their way around your County Courthouse.
Specialists familiar with the law.
The NYMIR claims department consists of in-house claims examiners and managers, independent adjusting firms; along with managing house counsel located at our home office and outside counsel firms throughout New York State. Subscribers are assigned one adjusting and law firm for continuity and familiarity. All are specialists and thoroughly familiar with New York Municipal Law and New York Municipal claims practice.
In short, our claims management philosophy helps our members obtain their primary goal: insuring their own future.
