HomeMy WebLinkAboutRiskRisk Management
Presenter:
Erik Kropp,
Risk Manager/Deputy County
Administrator
▪FY23-24 Proposed Budget Presentation
Budget Committee Meeting | May 2023
Risk Management Overview
•Workplace Safety
•Skid Car
•Event Permits
•Manage insurance
programs
Insurance Programs
-Fully self-insured -Fully self-insured
-Purchase insurance
for out-of-state
vehicles
-Insure $226 million
of buildings and
equipment
Unemployment Vehicle Property
Insurance Programs
-Self-insured up to
$1 million
-Excess GL policy
for $1 million -$10
million
-Self-insured
-Purchase excess
policy: $1 million for
sworn; $500k other
-Costs more for less
every year
General Liability Workers Comp Cyber
Current Challenges and Future Initiatives
•Skid Car automation
•Continuing to use the
Oregon Public Entity Excess
Pool (OPEEP) to purchase
general liability and cyber
policies
•Insurance premiums are
increasing
•Workers comp PTSD claims
•Vehicle repair costs
increasing significantly
•Cost of workers comp
medical claims increasing
Challenges Future Initiatives
Thank you