Commercial Risk Appetite | Educational Institutions

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Educational Institutions risk indicators

Educational Institutions present unique risks and opportunities. These indicators outline key factors that strengthen or limit Chubb’s appetite within this diverse sector:

  • Factors strengthening Chubb’s appetite
    Robust risk management

    Effective controls help minimize exposures and safeguard operations.

    Strong loss history

    A positive five-year loss record demonstrates effective risk management.

    Strong contractual practices

    Robust contracts help manage liability and clarify responsibilities.

    Vehicle and transportation safety

    Routine vehicle maintenance, driver training, and formal transportation guidelines.

  • Cautious account factors
    High-risk sports programs

    Division 1 or extensive athletic programs bring significant liability concerns.

    Abuse and molestation exposure

    Coverage for these risks indicates elevated sensitivity and potential claims.

    Frequent losses and claims

    Past issues with defects, uninsured subs, or labor laws signal ongoing risk concerns.

    Student transport

    High frequency of transporting large numbers of students.

Industry resources

Agency Education training courses

Services

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