We’ve launched a new and improved Risk Management program!
Risk management is important and our goal is to get as many co-ops as we can to participate in our new Risk Management Program. The program will help you develop risk management practices for your co-op housing homes and communities, and identify and fix preventable risks. Eliminating risks will help lower premiums for your and the other co-ops in our commercial insurance program.
The new program is designed to provide you with risk management information and tools to develop a program for your housing co-op that is less time-consuming and involves everyone in the process. We are doing this over a three-year period in order to give your board and management the time they need to build risk management into your co-op’s daily routines.
Co-ops that complete the following Year One activities by September 30, 2022 will receive a discount of 5% on their commercial insurance rate:
- Passing a Board resolution to participate in the Risk Management Program for Years One and Two
- Board members take part in one of our risk management webinars
- A risk management self-assessment of your co-op by the Board