Jason Gates and Andy Jennings Bureau of State Risk Management Bureau of State Risk Management State Agencies Purchasing Council Meeting May 17, 2017 Jason Gates and Andy Jennings State of Wisconsin, DOA Bureau of State Risk Management

BRSM Mission We provide active leadership to assist all State of Wisconsin agencies in protecting their employees, the general public and the State’s physical assets. Through our highly skilled, dedicated staff we provide guidance and direction to empower state agency staff in preventing losses and minimizing the impact of losses. Located in the Department of Administration-Division of Enterprise Operations 1975 – Established Self-Funded Liability Program 1980 – Added Self-Funded Property Program 1982 – Added Workers Compensation Program 1991 – Became total program revenue (PR) Operation 1992 – Added Risk Control/Safety Program

Risk Financing Program BSRM manages self-funded programs for: Property Liability Workers Compensation Program Revenue Backed Up by Sum-Sufficient Appropriation Required Payback in 6 Years if Sum-Sufficient Appropriation Accessed

Risk Management Premiums Promote loss control and safety Fair and equitable Reasonable to administer and understand Premiums are Bureau operating expenses including: self funded losses, loss control costs, claims management, administrative cost and excess or commercial insurance purchases. Premium packets with Detailed Information sent to agencies annually

Bureau of State Risk Management Program Areas & Contacts: Laura Ellingson, Workers Compensation Program Manager Andy Jennings, Property and Liability Program Manager Jake Lowell, Safety and Loss Control Manager

What is Risk Management? Risk Management is the process of making and carrying out decisions that will minimize or eliminate the adverse effects of accidental loss upon an organization/agency.

Risk is inherent in any organization or operation Risk is inherent in any organization or operation. The idea behind risk management is not to completely eliminate risk, but rather identify and control risk.

What is the Risk Management Process? Identification/Analysis of Potential Loss Exposures Examining Feasibility of Alternative Risk Management Techniques Selecting the Most Appropriate Alternatives Implementing the Selected Methods Monitoring the Risk Management Programs

Techniques/Methods of Managing Risk Avoidance Prevention Mitigation Retention Transfer “Risk Management Toolbox”

We are All Risk Managers! RISK MANAGEMENT: Is everyone’s responsibility Requires daily attention We are All Risk Managers!

Questions and Thank you!

Insurance Requirements for Vendors & Contractors Andy Jennings Property & Liability Program Manager Andy.Jennings@Wisconsin.gov x608-266-0168

Step 1: Setting the Correct Insurance Requirements “Aiming Not too High and not too Low” http://vistaexpertise.blogspot.com/2011/09/vista-planning-and-management-part-3-do.html

Standard Insurance Limits for Vendors / Contractors

From State Procurement Manual Number PRO-D-34 Appendix A The “Standard Insurance Limits” apply to all procurements except high risk service procurements. The specific requirements for vendors providing high risk services supersede the Standard Insurance Limits: Air Charter Ambulance Service Asbestos Abatement Building Remodeling and Construction Custodial Services Daycare Elevator Maintenance (includes all passenger and freight elevators) Food Service High Risk Entertainment/Speakers Medical/Therapist Services (including optical and laboratory, Recreational Services Refuse Transportation and Disposal Security Tower Inspection and Maintenance Services Transportation Services

High Risk Insurance Limits

High Risk Insurance Limits

Step 2: Verifying the Correct Insurance Requirements “Do they evidence what they need to”

Reviewing Certificates of Insurance

Questions??? Contact your agency’s Risk Management Staff with any Insurance Requirement Questions Smaller agencies with no Risk Management Staff can contact DOA BSRM for assistance