Foxborough Earns Insurance Premium Credits through MIIA Rewards Program

FOXBOROUGH, MA - From MIIA: Foxborough has received $46,535 back on its workers compensation and property casualty insurance costs – applicable toward premiums for this fiscal year—thanks to an incentive program offered by the Massachusetts Interlocal Insurance Association (MIIA), the Town’s insurance provider. Foxborough earned the credits through proactive and voluntary participation in loss prevention and risk management activities throughout the year, conducted in partnership with MIIA. In fiscal year 2017, which concluded on June 30, MIIA awarded over $2.5 million of premium credits collectively to its membership of the Rewards program – resulting in a 15-year total of nearly $28.5 million since the program’s inception.

Committed to keeping the community safer and fiscally stronger, Foxborough implemented risk management and safety measures as well as administrative procedures that reduce the risk of accidents and property damage. In addition, local employees participated in training programs that promote effective management and safe operations. MIIA offers these no-cost programs as a benefit to help member communities reduce their risks as well as insurance premiums.

Foxborough Town Manager Bill Keegan said, "Our employees have established a culture of safe workplace habits based on the training provided through the MIIA program. In Foxborough, there is a constant emphasis on safety that is reflected in everyone's daily work routines. Our employees are proud of our long-standing record of being one of the safest places to work in the Commonwealth. Thanks to MIIA, the emphasis on safe workplace practices is an expectation that all of our employees have when they report to work!"

Stanley Corcoran, Executive Vice President of MIIA said, “We commend Foxborough for engaging in the promotion of safety in the workplace and mitigating risk. It’s not always an easy task and takes hard work and dedication by the town's administration and its employees. Their commitment to safety has helped Foxborough to lower its own insurance costs and earn these Rewards funds. We look forward to continuing to work in partnership with local leaders to ensure employees are well trained so that they can avoid unnecessary risks and losses, and help the town save valuable taxpayer dollars.”

The Massachusetts Interlocal Insurance Association (MIIA) is the non-profit insurance arm of the Massachusetts Municipal Association. As a member-based organization, MIIA’s only focus is to provide excellent service and quality risk management solutions to Massachusetts municipalities and related public entities. Municipal insurance its only business, MIIA insures nearly 400 cities, towns, and other public entities in Massachusetts. For more information, visit www.emiia.org and www.mma.org.

Image via Pixabay