Higher Ed Counsel & Strategic Solutions

It can be tempting for colleges and universities to treat insurance renewals as a routine administrative task, especially if loss experience has been good, or the institution has maintained the same coverage structure for years. But insurance is not simply a purchasing question. It is a risk management decision that requires broad assessment to ensure that coverage still aligns with current operations, emerging exposures, and institutional priorities. Below are questions for institutions to consider at and before their annual insurance renewal periods: