MIRMA is a self-insurance pool, created and owned entirely by participating municipalities and functions solely for their benefit. MIRMA is not an insurance agency or commercial insurance company. MIRMA began operations in 1981 to address the needs of municipalities abandoned in a hard market. It is a mature, experienced, well-staffed and financially secure pool that offers the majority of coverages a Missouri Municipality requires.
Why MIRMA is the right choice
MIRMA is owned by its participating cities, serves only those cities and works directly with those cities. MIRMA’s intent is to provide a comprehensive package that will meet the majority of the needs for most Missouri Municipalities. Membership in the Association includes all of the following coverages, most with very low or no deductibles. You will find our pricing competitive, especially considering the level of services the City will receive and the access to MIRMA’s Risk Management Grant program, police and aquatic reimbursement programs and outstanding services.
Membership includes these coverages
Workers’ Compensation
Property
Flood & Earthquake
Inland Marine
General Liability
Public Officials Liability
Employment Practices Liability
Law Enforcement Liability
Airport Liability
Automobile
Boiler & Machinery
Crime and Employee Theft
Services and Programs
- Risk Management Awards Program – A grant for Members to receive up to 75% of the cost of items that will reduce their work comp or liability exposures
- On-site safety training
- On-site simulated situational shooting training for police
- Special seminars and workshops
- Manuals and newsletters
- Model policies on critical police tasks
- Web-based legal training for police
- Aquatic audit reimbursement
- Police department accreditation reimbursement
- Annual risk management conference
- HR Helpline – access to employment law experts
Loss Prevention
MIRMA provides an average of 5.3 on-site loss prevention visits per member each year. We work with each member to develop a loss prevention program that is tailored to fit the specific risks and political environment within your community. MIRMA encourages an increased awareness of loss prevention and the prompt correction of improper, hazardous or unsafe conditions or operations. By establishing sound loss prevention practices our members create safer communities for both residents and employees.
How does MIRMA Function
MIRMA pays all member claims from a central loss fund, with the exception of Airport Liability. MIRMA purchases a fully insured group policy to provide Airport Liability coverage for our members with airports. In addition to MIRMA’S self-insured retention limits, excess insurance is purchased annually from excess insurance and reinsurance carriers.
MIRMA distributes the cost to its members with annual assessments. Assessments are based on a rate per $100 of annual payroll. Any surplus loss funds and interest revenue that are not needed to pay claims or establish claim reserves are distributed to the members as credit against future years’ assessments.
What we can offer you
The convenience of having all your coverages in one comprehensive package, with one company. The benefit of price stability, through pooling we avoid the majority of rate swings that makes budgeting difficult. MIRMA is always competitive and in most years we are the most economical choice. MIRMA is constantly looking ahead to what new challenges will be facing municipalities and working to provide solutions before they are needed.
3002 Falling Leaf Court, Columbia, MO 65201
(573) 817-2554
(573) 817-2909