In early spring many institutions begin the process of renewing insurance coverage. The current volatility in the higher education insurance marketplace can make renewal a harrowing process.
If you are shopping around for insurance, the WAICU option could help take the edge off this year’s renewal. WAICU extended our partnership with Marsh, WAICU’s broker of record since 2019, with input from a task force of WAICU member risk managers. Six members currently participate in combined aggregate policies for property, automobile, general liability, liquor liability, professional liability, crime, cyber, special risk, boiler, and inland marine coverage.
Why Join the Group?
- Best Practices: Exchange compliance and risk management best practices and stay informed about the ever-changing landscape of educational risks.
- Savings: Leveraging scale and expert advice, the group premium has reached a level that enables the distribution of dividends for workers’ compensation coverage, in addition to the premium savings already realized.
- Administrative and Strategic Support: Let the Marsh team extend your bandwidth by supporting your everyday needs with technology tools that make finding, understanding, using, and communicating your risk position easier.
- Dedicated Claims Advocacy: Benefit from dedicated support for claims, especially in navigating property damage issues arising from convective storms, frozen burst pipes, and water damage; concussion litigation for athletics; and forensic accounting consulting.
Explore Today
For members interested in “kicking the tires,” please read more about the exploration process on the WAICU Property & Casualty Insurance Program page and email WAICU Chief Operating Officer Jennifer deHart or Marsh Managing Director Frank Cella. There is no direct cost to receive a renewal quote through the program.