
UtahTrust.gov — not an official governmental agency of the state of Utah.
What is UtahTrust.gov, you ask? According to our research, it is a risk mitigation organization providing specialized insurance products and services to Utah’s public agencies. In Utah, “UtahTrust” primarily refers to the Utah Local Governments Trust, which serves over 550 municipalities, including cities like Richfield, towns, counties, and special service districts.
It was established in 1974 and focuses on providing tailored insurance policies and risk management programs specifically designed to meet unique needs of government entities.
Key services offered by UtahTrust include:
- Specialized Insurance Coverage: This includes policies like Public Officials Errors and Omissions, General Liability, Auto Liability, Property, and Workers’ Compensation, with customized terms and conditions.
- Loss Prevention: The Trust offers a range of tools, training, and assistance to help members identify, prioritize, and mitigate risks, including on-site surveys and training events.
- Claims Services: They directly manage claims, working with members to navigate the process and make decisions to protect resources.
Utah Local Governments Trust is self-funded, meaning its operations and programs are financed by the revenue generated from its insurance services and investments; it is not directly funded by taxpayers. It is not an official government agency. This ensures that UtahTrust can provide specialized services while maintaining financial independence and benefiting its members through rate stability and expanded coverage.
So don’t let the “.gov” fool you. It’s not a true government agency, such as the entity, Utah.gov, which is the state’s official governmental organization and website.