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APTA/Aon 2018 Public Transit Liability Benchmark Analysis

APTA is again partnering with Aon’s Global Risk Management Consulting Group to produce a transit liability benchmark study which will be made available this fall to all participating APTA members at no cost.

The study, designed with public transit system managers in mind, will enable them to develop strategies that ultimately will help reduce liability exposures. Benchmark elements of the study will provide transit systems with metrics to compare their respective risk profiles against other systems and provide a tool to reinforce and maintain standards of practice and safety levels to potentially reduce the overall cost of risk.

As the risks related to operating transit systems evolve and new ones emerge, APTA’s Risk Management Committee—which spearheaded this initiative— chaired by Mark Emmons of IndyGo, encourages APTA members to participate in the study by providing raw data for analysis. Data will stay confidential, with results anonymized.

The study includes a survey of qualitative risk-related factors that will be developed into a comparative analysis to be shared with all study participants.

All APTA members will, by now, have received the survey. The deadline to return the completed survey to APTA is March 31.

For questions regarding the study and how to complete survey questions, contact Polly Hanson.
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