Mission Statement of the State Insurance and Risk Management Board

The mission of the State Insurance and Risk Management Board is to protect assets of the State of Connecticut through a comprehensive and cost effective insurance and risk management program. Our goal is to provide the best insurance and risk management service possible for the State of Connecticut.

The State Insurance and Risk Management Board was originally created in 1963 by a Gubernatorial Blue Ribbon Commission as the State Insurance Commission by Public Act No. 63-348. The first meeting of the Commission was held on August 5, 1963. The 1965 Legislative session enacted Public Act No. 65-313, which amended the name of the Commission to the State Insurance Purchasing Board.

In 1998, House Bill No. 5266 changed the name of the State Insurance Purchasing Board to the State Insurance and Risk Management Board and authorized the development of risk management and loss prevention programs. The change in the name of the Board reflects its dedication to loss control and loss prevention within the State of Connecticut.

In 1998, the Board developed a Business Plan to hire a Risk Manager and implement a proactive risk management program. After a lengthy process, the first Risk Manager was hired for the State of Connecticut on January 1, l999. For the first time in the history of the Board, a Risk Manager was hired to lead the development of a risk management program and manage the State's self-insured liability obligations.