DANVERS — The town received a $47,727 refund on insurance costs this summer.
This past year, Danvers participated in an incentive program with its insurance provider, Massachusetts Interlocal Insurance Association (MIIA), to reduce risks and insurance premiums. Through the program, the town put procedures in place to lower the risk of accidents and property damage. Employees also received free training for effective management and safe operations through MIIA.
“The program offers training, education and best practices that resulted in the town reducing its potential exposure to liability and providing a direct benefit through credit against the annual insurance premium,” said Town Manager Steve Bartha. “We are looking forward to increasing our participation in the MIIA Rewards Program this coming fiscal year — we have planned additional training opportunities for our employees and will be exploring other actions we can take to continue our commitment to a safe and strong Danvers.”
The refund reimburses the town for last year’s workers compensation and property casualty insurance costs, and can be used toward future premiums from MIIA.
“Danvers has worked very hard over the past year to promote safety in the workplace and mitigate risk,” said Stanley Corcoran, executive vice president of MIIA. “As a result, they have helped lower their own insurance costs and earn these rewards funds.”
“We commend Danvers for its efforts,” he added. “We also look forward to continuing to work in partnership with local leaders to ensure employees are well trained and prepared, to help avoid unnecessary risks and losses, and to help save local taxpayer dollars.”
The MIIA awarded $3.5 million to municipalities that participated in its incentive program last year.
Kelsey Bode can be reached at 978-338-2660 or firstname.lastname@example.org. Follow Kelsey Bode on Twitter @Kelsey_Bode.