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Table 111-2 Contracted Risk Management Services CJPRMA CJPRMA Meyers Nave George Hills Excess liability coverage over the $1,000,000 self-insured retention (SIR). Liability loss control consulting. General counsel advises City on appropriate contractual risk transfer methods and provides liability defense legal services. Liability claims administration. Best practices for management of the risk function are illustrated in Table III-3. Table 111-3 Best Practices for Managing Risk Function RiSk Administration Risk Financing Claims Administration Loss Control Contractual Risk Transfer · Participate in overall strategic risk management planning. · Assist in the preparation of loss trend/loss analysis reports and other reports to City Council and senior management. · Maintain insurance files (including policies, endorsements and correspondence with CJPRMA, administrators and brokers). · Report results to senior management. · Assist in coverage program renewal, including gathering and submitting underwriting data. · Evaluate adequacy of coverage, limits and retention levels, recommending changes/improvements where necessary. · Attend CJPRMA meetings. · Review newly reported liability claims. Work with TPA and defense attorney on developing the City's response to claims, recommending cost savings approaches where necessary. · Represent City at settlement conferences and depositions. · Obtain approval to settle claims above $10,000. · Coordinate City's loss control efforts, including safety activities and loss control services provided by CJPRMA. · Advise Purchasing Division on appropriate contractual risk transfer methods. Based on the current claims volume, the City's staffing for liability risk management is appropriate. All critical functions are being performed and nOffilal surges in workload can be accommodated. However, if the number or complexity of claims increases materially in the future additional staffing should be considered. 36 ~ ARM Tech