K-12 Insurance

Occupational fraud poses a genuine financial threat to businesses, including educational institutions. When someone uses their position to misallocate assets and revenue, the consequences can be severe and create long-term issues. Occupational fraud risks include corruption, asset misappropriation and financial statement fraud. We can help. Our team of specialists can help you identify where you may need additional crime and fraud protection.

Increasingly, schools are seeking alternative sources of revenue from standard fees and tuition, such as outside groups using facilities, before and after-school care, and summer camps. Introducing auxiliary programming creates additional risks, whether these programs are offered by third-party vendors or directly by your staff. Our team of risk management professionals has developed policies, procedures and safety protocols to help your school contain these risks and make your campus safer for staff and students. We can also train your staff to prevent and mitigate harm from these incidents. Our goal is to protect your school from the activities of third parties on campus and ensure that those parties are adequately insured.

Adopting online learning and digital education platforms has introduced new challenges and cybersecurity risks to schools — and a breach in your data systems could result in significant consequences. Unfortunately, no standard cyber insurance policy applies to every school, so having an experienced broker is critical to ensuring you’re covered. Our team of cybersecurity experts can help advise you on your potential risk exposure and ensure that your insurance adequately covers cyber risks.

We understand the tremendous investment that school stakeholders have made in creating campuses of learning. Therefore, we assist our client schools first in mitigating facility risks and, second, in insuring their facilities and property. Our property risk management services include property audits and inspections, fire protection engineering, loss investigations and analysis, property replacement cost valuations, building code compliance, security consulting and more.

• Catastrophic incidents: In a catastrophic event, such as an earthquake, fire, flood or another natural disaster, a mechanical failure or sewer backup, we partner with your Risk Services Committee to apply best practices in the risk management of your facilities. These practices include:
• Annual appraisals 
• Crisis management planning 
• Inspections 

We provide a comprehensive approach to crisis management, so your school is prepared for catastrophic events such as severe weather, natural disasters, cyber-attacks and acts of violence. We are here to help you prepare, respond and recover.

• Construction risk: There are a variety of risks associated with construction, including long-term capital projects and facility maintenance projects. Risks can include physical damage to facilities, occupational injuries, injury or damage to bystanders and environmental liabilities. Our construction insurance experts can support you with mission-critical protection for the full scope of your project. Our risk services team can also help you avoid and reduce occupational health and safety, public safety and environmental risks before your project starts, including annual safety and security audits and staff training. 

Student safety is vital to your school's risk management plan. We know that accidents happen, even when we do our best to prevent them. Schools need insurance coverage that best protects their assets and transfers the financial risks to a third-party carrier. We partner with schools to implement best practices to mitigate harm and find the coverage that protects your school.

Let us help you mitigate risks to student safety, including:

• Overnight and out-of-country travel: If students are travelling as part of a school excursion or study experience, your school can face a myriad of risk exposures. Comprehensive casualty coverage and extended coverage for students and chaperones are imperative. Our education specialists can help you determine the best insurance to cover accidents and injuries, emergency services and repatriation, automobile liability and more. HUB partners with your Risk Management Committee to provide tools to help assess the risks of travel and measure the risk/benefit of these trips.

• Sexual misconduct: We work with the world’s leading child protection experts to develop protocols and materials to help your staff identify and respond to claims of abuse, molestation and exploitation. We can also help you avoid and reduce risk through employee and volunteer recruitment strategies, screening, training, supervision, internal reporting and crisis management.

• Student safety and security: We promote your students' well-being by considering all the risks they might face while at school:
• Acts of violence, such as physical altercations or cyber-bullying
• Accidents in athletic or student group activities or on the playground
• Medical, natural disaster or other catastrophic incidents
• Active shooter scenarios
• Field trip accidents

Our team of risk management professionals has created policies, procedures and safety protocols to help your school contain these risks and make your campus safer for staff and students. We can also provide training for your team to prevent and mitigate harm from these incidents.

• Transportation risks: Vehicular accidents can be devastating, especially involving buses, vans or cars transporting young passengers. We cover you for over-the-road activities ranging from student and athletic events to business use of employees' vehicles or parent drivers. In addition to securing the proper insurance, we can help promote vehicle safety through organizational auto use policies, driver training, telematics and guidelines for fleet maintenance.

• Student athletics: Our sports industry specialty practice focuses on the unique risks associated with youth, high school and intercollegiate sports programs. We can help you manage the risks of running a school athletic program.

• Boarding/dormitories: Providing a home for students away from their families introduces unique risk management strategies. Our team will support your school in addressing the risk management and safety plans associated with students living on campus.

Injuries and illnesses in the workplace can have severe impacts on people and academic institutions. To keep your teachers and staff safe and reduce costly insurance claims, you must develop a safety program with policies and procedures that address your school's safety exposures and comply with all industry regulations. We can help. Our risk services team can review your facilities and provide best practice assessments to recommend a comprehensive workplace safety management program.