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A SPECIALIZED INSURANCE RISK MANAGEMENT PROGRAM FOR K-12 SCHOOL CORPORATIONS IN INDIANA Educational Service Centers Risk Funding Trust

A SPECIALIZED INSURANCE RISK MANAGEMENT PROGRAM FOR K-12 SCHOOL CORPORATIONS IN INDIANA Educational Service Centers Risk Funding Trust

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Page 1: A SPECIALIZED INSURANCE RISK MANAGEMENT PROGRAM FOR K-12 SCHOOL CORPORATIONS IN INDIANA Educational Service Centers Risk Funding Trust

A SPECIALIZED INSURANCE RISK MANAGEMENT PROGRAMFOR K-12 SCHOOL CORPORATIONS IN INDIANA

Educational Service CentersRisk Funding Trust

Page 2: A SPECIALIZED INSURANCE RISK MANAGEMENT PROGRAM FOR K-12 SCHOOL CORPORATIONS IN INDIANA Educational Service Centers Risk Funding Trust

What is ESCRFT?

Protected Self-insurance Risk Management Program

Package insurance program that integrates “pooled” self-insurance with protection of traditional insurance

Property & Casualty/Workers Compensation insurance coverages

Nearly 40 members

ESCRFT is growing responsibly, attracting best-in-class among well-run and safety conscious schools

Eligibility:• Members of one of the nine Indiana Educational Services Centers

• Public K-12 school systems

• Public Charter schools

• Public School Career Centers

• Public School Special Education Co-operatives

Page 3: A SPECIALIZED INSURANCE RISK MANAGEMENT PROGRAM FOR K-12 SCHOOL CORPORATIONS IN INDIANA Educational Service Centers Risk Funding Trust

Why ESCRFT?

More Competitive & Stable PricingPower of pool membership purchasing power

Broadest Coverage TermsHigher limits/lower deductibles focused for Indiana schools

Better ResourcesService Providers that are directly responsible to members

Page 4: A SPECIALIZED INSURANCE RISK MANAGEMENT PROGRAM FOR K-12 SCHOOL CORPORATIONS IN INDIANA Educational Service Centers Risk Funding Trust

More Competitive Pricing

Page 5: A SPECIALIZED INSURANCE RISK MANAGEMENT PROGRAM FOR K-12 SCHOOL CORPORATIONS IN INDIANA Educational Service Centers Risk Funding Trust

ESCRFT Program Benefits

Long-term stability in premiums and insurance availability

Broader coverage and increased limits

Future potential return of loss fund dollars

Cash flow benefits

Interest earnings from loss fund monies are retained by ESCRFT

Direct input by each member on program decisions

Detailed and comprehensive monthly loss information

More direct control of claims management and claims costs

School-focused professional loss prevention programs

Direct control

Page 6: A SPECIALIZED INSURANCE RISK MANAGEMENT PROGRAM FOR K-12 SCHOOL CORPORATIONS IN INDIANA Educational Service Centers Risk Funding Trust

More Information:

Please Contact:

Program AdministratorMark AldousArthur J. Gallagher & [email protected]

ESCRFT Executive Director:Dr. Carrie [email protected]