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provide the documents necessary to administer an efficient, <br />effective risk management program. Although the preparation time <br />has been extensive, we believe the products are thorough and meet <br />the County's needs. <br />Recommendations <br />Staff recommends the Board adopt the Self -Insurance Ordinance. In <br />addition, we request the Board approve the Risk Management Manual <br />which implements it and authorize the Chairman's signature. <br />Approved Agenda Item <br />For March 6, 1990 <br />By <br />J es E. Chandler, County Administrator <br />Risk Manager Beth Jordan introduced Steven Cordes of Siver <br />Insurance Management Consultants, who briefly reviewed the <br />following summary: <br />SIVER INSURANCE MANAGEMENT CONSULTANTS . r <br />INDIAN RIVER COUNTY <br />LIABILITY SELF-INSURANCE PROGRAM <br />RISK MANAGEMENT MANUAL <br />SUMMARY <br />The Risk tianagement tianual for the Liability <br />Self -Insured Program involves a program for general <br />liability, automobile liability and employee liability <br />(workers' compensation) risks which have previously been <br />covered by commercial insurance. <br />The Manual is intended to provide a framework for admi- <br />nistering and monitoring the self-insured liability <br />program by establishing certain responsibilities and <br />duties for designated County staff to operate the <br />program. <br />The Manual is divided into three sections: <br />Part 1. Creation, Organization and General Provisions <br />Part 2. Public Liability Program <br />Part 3. Employee Liability Program <br />PART 1 <br />CREATION, ORGANIZATION AND GENERAL PROVISIONS <br />-' This portion of the Manual deals primarily with the <br />establishment of a risk management program to administer <br />the County's public liability and employee liability <br />programs.. <br />It establishes a Self -Insurance Fund which is a per- <br />manent fund to be used to pay the costs and expenses of <br />the self-insurance program as provided in the tianual. <br />It provides that the funds included in the <br />Self -Insurance Fund shall include earnings on invest- <br />ments of such funds and that the Self -Insurance Fund <br />shall be used only for the purposes of the self- <br />insurance program. <br />29 t, i <br />MAR 61990 1 BOOK i F, cc �1 <br />w <br />