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Municipal Entities have a unique set of risks. It is only at claim time when they realize how good or how bad their risk management programs respond to their loss. Because of this, The Thompson Group has created a special division to help educate and manage the unique risks of the Municipal market.
Cities, towns, counties, water districts, and school corporations face increasing challenges with respect to Cyber Exposures. Almost daily, we are told about a city or town that has had their data exposed, or worse, held hostage until a large payment is made. The Thompson Group Municipal Program includes Cyber Coverage as well as Directors and Officers Coverage, and many other options other providers struggle to or simply cannot provide.
When working with a Municipality, we use our Risk Management Review process to help uncover and identify areas of weakness or concern. After our review is complete, we go to multiple markets to secure options based on current market pricing.