Erigo, basing on its experience in the field of risk management, takes due notice of the specifics of local government units. The scale of the risk in local governments is often larger than in many other organizations. This results from the kind of duties they have to perform, from the scope of their responsibility, size of their property, organizational structure etc.
Since disruptions in the functioning of local government units may hinder the achievement of their target (reflecting the interest of the community mainly), actions aimed at eliminating Or limiting the effects of such disruptions seem to be obvious, This is also confirmed in many law regulations.

Erigo’s offer allows preparing a complex risk management program in local government units.  Examples of operations within this program include:

• Identification, evaluation and classification of the risks (risk audit), for ex ample by way of cooperation with the internal audit unit,
• Preparing of risk control methods, for example via prevention operations, limitation of the size of damage, transfer of the risk, etc. (risk monitoring),
• Inspection and choice of accessible risk financing tools, insurance for example (insurance audit),
• Administration of the risk management process (control and monitoring of undertaken actions, their verification, reporting matters, flow of information, etc.)

The advantages for our Clients resulting from risk management are, among others:

• Increase of hazard awareness among authorities’ representatives and employees,
• Elimination or limitation of the number of events having a negative influence on the functioning of local government units,
• Limitation of the risk down to an acceptable by authorities level,
• An effective protection and usage of  resource (basing on a worked-out insurance strategy, for example)  
• Reduction of the cost of the risk (including, among others: the consequences of unforeseen events, the costs of prevention actions, and the amount of insurance premium).

In consequence, risk management improves the effectiveness of achieving the local government’s goals, what contributes towards a higher confidence on the community’s side and strengthening of the unit’s image.

The legitimacy of actions proposed by Erigo is confirmed by the fact that the Ministry of Finance notices and propagates the need for risk management in public administration (for example in “Financial Control Standards for the public finance sector units”, Ministry of Finance Official Journal No 7 year 2006, or via the project “Risk management and internal audit service effectiveness strengthening in public finance sector units”).