Brantley recognized by ALM

Published 9:56 am Thursday, May 3, 2012

The town of Brantley will be awarded the Gold Risk Management Award at the 2012 Annual Convention of the Alabama League of Municipalities in Birmingham on Monday, May 21.

Approximately 730 public entities participate in one or both of the Alabama League of Municipalities-sponsored insurance programs, which are the Municipal Workers Compensation Fund and the Alabama Municipal Insurance Corporation.

The Board of Directors for both insurance programs approved the establishment of a Risk Management Award system in 2002, which recognizes those members who have instituted risk management and loss control activities in efforts to reduce their loss ratio.

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Risk management and loss control activities not only benefit the member’s loss ratio, but also the overall success of the League-sponsored insurance programs.

Through the efforts of the town of Brantley, employee, property and liability losses are being minimized, and most importantly, employees and citizens are reaping the rewards of a safer workplace and community.

Recipients of the President’s Risk Management Award, which included the top five percent of those members with minimal losses for a five-year period, will receive a specially-designed memento.

Three additional levels of achievement – Gold, Silver and Bronze – will also be recognized.

Recipients in these categories receive a plaque for the first year they are acknowledged and then a plate to be attached to the plaque for subsequent years.

The Gold, Silver and Bronze levels are for loss ratios of below five percent, five to 20 percent and 20 to 40 percent, respectively.