The Assisted Housing Risk Management Association (AHRMA) provides property and casualty coverage for Public
Housing Authorities in Iowa, Illinois and
Nebraska. It currently serves over 165 housing
authority members.
AHRMA offers a full range of member services including a wide variety of training for housing authority
boards, management and other staff, a no-fee
attorney hot line, sample personnel policies
and more. It also provides a full line of coverage products
designed specifically for housing authorities including: property, general
liability, public officers liability, workers compensation, owned auto, auto liability,
public employee dishonesty and boiler and equipment breakdown.
Non-Traditional Coverage and Unconditional Quality
AHRMA has been in operation for over 20 years
and was the first not-for-profit housing authority risk pool in the United States.
The AHRMA staff specializes in the understanding and dealing with the risks faced
by housing authorities. All marketing, underwriting, risk management, loss control,
claims and other administrative services are handled by in-house professionals with
over 100 years combined experience. The AHRMA Board of Directors is comprised of
housing authority employees who are elected by its members ensuring that the member
needs are not only met, but fully satisfied.
AHRMA is regulated by the U.S. Department of
Housing and Urban Development (HUD), eliminating the need for members to solicit
additional annual insurance bids. This saves valuable time for members and will
ensure high quality coverage they receive. Traditional carriers have expenses that
AHRMA doesn't such as taxes, stock dividends and broker commissions. Because AHRMA
is a tax-exempt, not-for-profit organization and pays no broker commissions, it
typically saves housing authorities 20 to 30% on their insurance premiums.
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