The Risk Management Department is charged with the responsibility for the preservation of assets, both human and physical. This is accomplished by identifying, evaluating, and controlling loss exposures faced by the City. The Risk Management Department makes recommendations when appropriate on the application of prudent safety, security, loss prevention, and loss minimization methods to reduce or avoid risk or loss.
Property & Casualty Program
The City’s Property and Casualty program is self-insured and self-administered. The program is self-insured for high retention/deductible levels and excess coverage is afforded for exposures above and beyond. This program extends coverage to both the city and school department. The Risk Management Department is committed to providing professional, effective and responsible claim management. Claims are processed in a timely, equitable and cost effective manner that is consistent with the policies and procedures of the City of Nashua.
Assisting Other Departments
Risk Management aids in assisting other departments with training and programs aimed toward preventing and mitigating accidents and losses; to ensure compliance according to State of New Hampshire RSA281-A:64 III, investigate accidents and analyze loss runs for the purpose of mitigating future exposures. The Commercial Driver License (CDL) Program, Building/Activity Inspections and Safety Committees are a few of the activities managed or monitored by the Risk Management Department.