Established in 1976, Risk Management is a section within the Financial Services Division of the Arizona Department of Administration. The section provides insurance coverage to state agencies and employees for property and liability and workers compensation losses in accordance with statutory provisions. It offers several support services, including personnel, purchasing, facility management, strategic planning and information technology. Risk Management is responsible for making and carrying out decisions that minimize the adverse effects of accidental losses that involve state government assets. The section operates a property and liability claims unit that investigates, evaluates, negotiates and settles claims for liabilities and state property and vehicles. Risk Management staffs loss prevention consultants, industrial hygienists and environmental specialists who assist agencies in developing and implementing loss prevention programs. The section maintains a location in Phoenix.