Risk management pertains to how the City addresses the loss of the City's human, material, and monetary resources and involves the systematic and continuous identification of loss exposures, an analysis of exposures in terms of frequency and severity probabilities, an application of sound risk control and safety procedures, and financing/handling of risk mitigation strategies consistent with the City's financial resources. Risk Management includes a variety of operations: Non-litigated tort claims, claims administration, employee safety, auto liability, and all property and casualty programs (both insured and self-insured). The Risk Management Division supports two key business functions focused on risk financing: These include internal management consulting regarding insurance, risk analysis, and risk financing alternatives and administrative oversight of liability claims. The Risk Manager oversees these operations and handles the negotiation and acquisition of insurance.