Town receives Equity Distribution Check totaling $73,763 from CIRMA (Connecticut Interlocal Risk Management Agency)

From Left to Right: Human Resources Director Mitchell Goldblatt,
Fiona Porto from CIRMA, First Selectman Matthew Hoey and
Finance Director Maryjane Malavasi

First Selectman Matthew Hoey, Director of Human Resources Mitchell Goldblatt and Finance Director Maryjane Malavasi were presented with a check yesterday in the amount of $73,763 from the Connecticut Interlocal Risk Management Agency (CIRMA). These funds represent Guilford’s prorated share of CIRMA’s equity distribution for 2018.

This distribution is actually a reduction in Guilford’s insurance costs for fiscal year 2018-19.

According to First Selectman Matthew Hoey, “CIRMA continues to provide the Town with exceptional products, service and advice in managing our various risk management categories. This “member equity distribution” is greatly appreciated and the management team is to be congratulated on creating the efficiencies which lead to these distributions.”

“The partnership and risk management efforts of our members are a sustaining force behind CIRMA’s outstanding financial strength, growth in service programs, and our ability to deliver a Members’ Equity Distribution Program. Working together, we are making our communities better and safer places to live, learn, and work in,” said David Demchak, CIRMA President and Chief Executive Officer.

CIRMA operates both Worker’s Compensation and Liability-Automobile-Property risk sharing pools for Guilford and many other Connecticut towns.

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