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The Risk Management Division (RISK) was established by Act No. 272 of 1981 to provide insurance services for the State of Arkansas’ offices, boards, commissions, agencies, departments, and public institutions of higher education, as well as Arkansas public school districts. The statutory mission of RISK is to reduce the cost of insurance and establish standardized specifications of insurance coverage pertaining to casualty insurance and fidelity bond coverage for participating state agency and public school district entities, in an efficient and cost-effective manner, while also providing exceptional insurance coverage provisions and fair claim service. Currently, RISK administers five insurance plans and the State Cyber Response Program through four treasury trust funds.
The division provides an extensive variety of services at no additional cost to participating entities, including but not limited to:
- The State of Arkansas Vehicle Safety Program
- Insurance advisory and consultation services
- Insurance requirement contract review assistance
- Data management of auto schedules
- Procurement renewal services
- Financial allocation and claim data management
- Other general insurance advisory and assistance needs
Plans and Services
School Districts
Learn about services for participating school districts covered under the insurance plans of the Arkansas Public School Insurance Trust.
Fidelity Bond Program
Learn about services covered under the State of Arkansas Self-Insured Fidelity Bond Program.
Cyber Response Program
Learn about services covered by the State of Arkansas Self-Funded Cyber Response Program.
State Agencies
Learn about insurance services for participating state entities covered under the insurance plans of the Arkansas Multi Agency Insurance Trust.
Contact Risk Management
Phone: 501-371-2690
Fax: 501-371-2842
Email: [email protected]