Public Employer Risk Management Association
Public Employer Risk Management Association is a non-profit, membership-based workers compensation risk pool founded in 1982, serving public entities in the United States from its base in Latham, New York.
- Company typePrivate
- Founded1982
- HeadquartersLatham, United States
- Headcount—
- GTM typeB2B
- OfferingServices
What Public Employer Risk Management Association does
Public Employer Risk Management Association (PERMA) is a non-profit organization founded in 1982 that provides workers compensation coverage to public entities. Headquartered in Latham, New York, PERMA operates as a membership-based risk pool serving government employers — likely municipalities, counties, and school districts — that pool their workers compensation exposure to achieve diversification and pricing that individual public entities could not obtain in the open commercial market. The organization's revenue mechanics are consistent with a reciprocal or intergovernmental risk-sharing structure, where member contributions fund claims and operating costs, and surplus may be returned to members as dividends or retained as reserves.
The leadership team reflects the operational priorities of a public-entity workers compensation pool: a CFO (Nick Gorgievski), a VP of Marketing & Underwriting (Alfred G. Campney), a VP & Senior Director of Claims (Rich Hayes), and a VP of Member Services (Karen Braman). This structure indicates that member acquisition/retention, underwriting discipline, and claims administration are the core operational functions. No information is available regarding member count, geographic scope beyond New York (where PERMA is chartered), premium volume, reserve position, or technology infrastructure.
The available source material is sparse. The organization's own website content resolves only to a loading/verification page, and no third-party sources provide revenue, headcount, partnership, or product detail. Any deeper assessment of technology, pricing, distribution, or competitive positioning cannot be supported by the present evidence.
Public Employer Risk Management Association firmographics
Firmographics- Name
- Public Employer Risk Management Association
- Legal name
- Public Employer Risk Management Association
- Website
- https://perma.org
- Company type
- Private
- Founded year
- 1982
- Short description
- Public Employer Risk Management Association is a non-profit, membership-based workers compensation risk pool founded in 1982, serving public entities in the United States from its base in Latham, New York.
- Ownership category
- akta.pro rank
Public Employer Risk Management Association industry classification
Industry- Product category
- Workers Compensation Insurance
- NAICS
- Insurance and Employee Benefit Funds (5251), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Managed Workers’ Compensation (Loss Control, Claims & Return-to-Work Programs) (FSAJAEAH)
- akta.pro secondary industry
- Employers Liability (Part B) (FSAJAEAC)
Keywords
Where Public Employer Risk Management Association is headquartered
LocationHeadquarters
- HQ city
- Latham
- HQ country
- United States
- HQ region
- North America
Markets served
Public Employer Risk Management Association business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others
Public Employer Risk Management Association product offering
Product offeringCore offering
Public Employer Risk Management Association (PERMA) provides workers compensation coverage and risk management services to public entities such as municipalities and government organizations. Founded in 1982 and headquartered in Latham, NY, the organization pools risk for its public-sector members through underwriting, claims handling, and member services.
Differentiator
Problem solved
Functional benefit
Companies that use Public Employer Risk Management Association
Customer profileIdeal customer profiles1 record
Public Employer Risk Management Association technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Public Employer Risk Management Association partnerships and signals
Strategic signalRecent moves1 record
Public Employer Risk Management Association competitors and assessment
Company assessmentOthers
- CompAlliance (Third-Party Administrator): Third-party administrator focused on workers' compensation claims and managed care for public entities; comparable as an ecosystem service provider supporting similar claims-handling workflows.
Broad incumbents
- New York State Insurance Fund (NYSIF): New York's state-sponsored workers' compensation carrier, providing WC coverage to public and private employers across NY; comparable because it underwrites the same line of coverage for many of the same public entities PERMA targets.
- Travelers Companies: Large national P&C insurer with a substantial workers' compensation book including public-sector accounts; comparable because it competes for the same WC premiums while offering far broader lines and scale.
- The Hartford Financial Services Group: Major workers' compensation carrier with deep public-sector and group-retention capabilities; comparable as a large incumbent writing the same WC coverage PERMA specializes in.
- Chubb Limited: Global P&C insurer with a sizable workers' compensation and public-entity practice; comparable as a broad incumbent competing for the same municipal and government WC accounts.
- AIG (American International Group): Large multi-line insurer with workers' compensation offerings for public entities; comparable as a broad incumbent with scale advantages and overlapping customer base.
- Zurich Insurance Group: Global insurer writing workers' compensation and public-sector casualty in the US; comparable as a broad incumbent that PERMA competes against for mid-size and large public entity accounts.
Direct peers
- New York Municipal Insurance Reciprocal (NYMIR): Non-profit reciprocal insurance pool providing liability and related coverages to NY municipalities; directly comparable as a member-owned public-entity insurance pool operating in the same New York geography.
Regional players
- Tristate Joint Insurance Council: Regional insurance council pooling risk for public entities across NY, NJ, and CT; comparable as a neighboring public-entity risk pool with overlapping service territory.
Emerging players
- Workers' Compensation Alliance / Public Entity Pools: Network of public-entity workers' compensation pools in neighboring states; comparable as risk-pooling structures serving municipalities and school districts with similar governance and underwriting models.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks4 records
Key highlights5 records
Customer concentration
Public Employer Risk Management Association social profiles
Digital presencePublic Employer Risk Management Association financial estimates
Financial estimateRevenue estimate
Valuation estimate
Public Employer Risk Management Association leadership team
Management profileNumber of profiles
Profiles4 records
Public Employer Risk Management Association funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Public Employer Risk Management Association M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Public Employer Risk Management Association
What does Public Employer Risk Management Association do?
Public Employer Risk Management Association (PERMA) provides workers compensation coverage and risk management services to public entities such as municipalities and government organizations. Founded in 1982 and headquartered in Latham, NY, the organization pools risk for its public-sector members through underwriting, claims handling, and member services.
When was Public Employer Risk Management Association founded?
Public Employer Risk Management Association was founded in 1982.
Where is Public Employer Risk Management Association based?
Public Employer Risk Management Association is headquartered in Latham, United States, in the North America region.
Who are Public Employer Risk Management Association's main competitors?
CompAlliance (Third-Party Administrator) is listed as an others. Broad incumbents are New York State Insurance Fund (NYSIF), Travelers Companies, The Hartford Financial Services Group, Chubb Limited, AIG (American International Group) and Zurich Insurance Group. New York Municipal Insurance Reciprocal (NYMIR) is listed as a direct peer. Tristate Joint Insurance Council is listed as a regional player. Workers' Compensation Alliance / Public Entity Pools is listed as an emerging player.
Does Public Employer Risk Management Association have an API?
No public API is recorded for Public Employer Risk Management Association.
What industry is Public Employer Risk Management Association in?
Public Employer Risk Management Association's product category is Workers Compensation Insurance. Its primary akta.pro industry code is FSAJAEAH, Managed Workers’ Compensation (Loss Control, Claims & Return-to-Work Programs), with a secondary code of FSAJAEAC, Employers Liability (Part B). Its NAICS code is 5251 and its SIC code is 6411.