The Garden State Municipal Joint Insurance Fund Adds Four Members in 2010
January 20, 2010 – The Garden State Municipal Joint Insurance Fund (GSMJIF) is pleased to announce the addition of four new member municipalities in 2010. The GSMJIF has grown from 22 member municipalities in 2009 to 26 this year with the addition of the Township of Freehold, the Borough of Middlesex, the Township of Morris and the Borough of New Providence. The GSMJIF is one of the largest joint insurance funds in New Jersey, with member towns that comprise over 750,000 residents.
“We’re very pleased to have added such strong and committed municipalities to the Fund,” said Earl Miller, Executive Director for the GSMJIF. “The GSMJIF was created to give New Jersey municipalities control over their insurance costs by offering the best property and casualty insurance coverage, as well as risk management and claims control services, all at reasonable prices. We are able to provide our members savings due to our purchasing leverage. That leverage is only possible with municipalities who are committed to sound government and risk management strategies.”
The GSMJIF was formed in 2002 in response to the lack of affordable commercial insurance for larger municipalities. The primary objective of the GSMJIF is to provide its members with a stable, long-term and cost effective insurance and risk control program. The GSMJIF achieves this objective by implementing the best risk and claims management practices, which improve public and employee safety and lower the ultimate cost of risk.
2010 Member List:
Berkeley Township
Borough of Caldwell
Eastampton Township
City of Englewood
Ewing Township
Borough of Fanwood
Township of Freehold
Hamilton Township
Town of Harrison
Borough of Highland Park
City of Hoboken
Howell Township
Borough of Kenilworth
Livingston Township
Manalapan Township
Maplewood Township
Borough of Middlesex
Montclair Township
Township of Morris
Borough of New Providence
Borough of North Plainfield
City of Rahway
South Brunswick Township
Union Township
Warren Township
West Orange Township
About GSMJIF:
The Garden State Municipal Joint Insurance Fund is one of the largest joint insurance funds in New Jersey, whose 26 member towns comprise over 750,000 taxpayers. A joint insurance fund (JIF) affords public entities the ability to achieve economies of scale and purchasing leverage, enabling them to obtain coverage at a lower cost than if purchased through the traditional commercial insurance market. The GSMJIF is headquartered at 900 Route 9 North in Woodbridge, New Jersey.
For information on membership in the GSMJIF, contact Earl Miller, Executive Director at 800-446-7647, ext. 251 or emiller@nipgroup.com.
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