The Risk Management Division (RMD) Insurance Unit serves as the state's insurance company. Minnesota Statute 16B authorizes state agencies and political subdivisions to utilize the Risk Management Fund for insurance and other alternative funding programs. Risk Management insures state vehicles for auto liability and auto physical damage and most state agencies for property and general liability. The unit also provides risk and insurance management consulting services to state agencies.
Insurance coverages available through RMD include property, business income, boiler and machinery, crime, inland marine, general liability, public officials' liability, broadcaster's liability, police professional liability, auto liability and auto physical damage. RMD also assists with identifying competitive coverage through the conventional insurance market for medical professional liability, aviation and other specialty coverages and offers other professional services as well. RMD also works with state agencies in drafting insurance language for contracts for state services.
The RMD insurance program includes loss control services, which enhance fire protection and related safety efforts.
- Claim Reporting
- Property Loss Control
- Fleet Safety
- Flood Resources
- Glossary of Insurance Terms (pdf)