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For almost 20 years, school districts in New
York have worked together to manage risk
through the New York Schools Insurance
Reciprocal. (NYSIR) The membership has
grown
to more than 330 districts. Programs and
services are wide ranging and appropriate for
the needs of school administrators. NYSIR
was the first school risk group to earn an
"A" rating by the A.M. Best Company and has
continued to receive this distinction for the
past 13 years.
The NYSIR Board of Governors met in August
for their annual planning sessions. There
were many discussions related to ways that
the organization could continue to meet it's
mission of providing a comprehensive and
cost
effective property and casualty insurance
program for New York public schools.
This year's NYSIR college scholarship
winners
are a Cerebral Palsy Association volunteer
and a West Canada Valley High School
graduate. Each student received a $2,500
award.
NYSIR's support was critical to the start-up
of the Institute. A grant of $18,000 helped
fund the research and development activities
from March-June of this year.
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The Institute's new website is now under
construction. Much of the credit goes to
Munich Re America's Public & Nonprofit
business unit, part of the Alternative Market
Risk Client Group, for their generous
corporate sponsorship support. Munich Re
America is also the Institute's prime vendor
and "thought leader" for the reinsurance
company sector. As a member of the Munich
Re
Group, Munich Re America's Public &
Nonprofit
unit provides casualty and property
protection to public entities, scholastic
entities, religious organizations, and
secular non-profit organizations, helping
self-insurers, risk retention groups, pools,
trusts, reciprocals and captives prosper.
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The Founding member group now includes 3
of the top 10 largest US school districts and
seven districts with enrollment greater than
50,000 students from these states - CA, FL,
VA, IL, NV, OH, GA and NC. Individual
school
districts and school risk groups will be able
to
continue joining the Founder group through at
least the third week in October. Founders
and sponsors are being given opportunities
to
influence decisions about initial services and
website construction.
The Institute is continuing to seek corporate
partners and 'thought leaders' in 16
business
sectors that supply services and products to
school districts. A corporate partner
information packet is available. All
corporate partners will be listed on the
sponsor page of the website. There are
many
opportunities for sponsorship of the
Institute's
development activity and events.
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Please call or send us a note with your
comments and
suggestions about this newsletter and any
projects you would like to see us undertake.
We also want to receive school contact
names, contacts with organizations you
believe may want to be involved and material
for the new website resources.
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Founding member subscriptions and corporate sponsorships are helping the Institute move forward. Your support will ensure that programs are implemented and projects continue. Please encourage potential sponsors and let us know of any school contacts you feel we should make. The Public School Risk Institute is dedicated to helping all school districts reduce their cost of risk. Please let us know how we can help you.
Thank You.
Lee Gaby, Executive Director
Public School Risk Institute
email:
[email protected]
phone:
706 353-0055
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