The Central Ohio Risk Management Association (CORMA) is comprised of the Cities of Westerville, Upper Arlington, Pickerington, Dublin, Grove City, Powell, Groveport, Grandview Heights and Canal Winchester.
No penalties or retro coverage termination/reduction associated if a member decides to withdraw from CORMA.
Surplus fund contributions are owned by CORMA for distribution to members (dividend, performance bonus) or increased coverage and services to members.
Greater control of claims administration issues (selection of counsel, pre-settlement discussions)
Coordination of risk management and loss control resources
Lower administrative costs due to combined purchasing power
Members desire to have ownership in a long-term program investment, rather than renting coverage from insurance carriers.