Overview — AI Risk Education Program
AI Risk offers a focused Education program designed for independent agents and brokers placing private K–12 schools and private colleges/universities with up to 10,000 students. The program provides broad campus protection through packaged property and casualty options with AIG capacity, including primary commercial general liability, lead umbrella, and specialty coverages that schools often require.
Ideal Accounts and Appetite
This program is targeted toward private educational institutions where the sponsor or operator wants consolidated coverages under one program. Typical fits include:
- Private kindergarten through 12th grade schools (day schools and small boarding schools).
- Private colleges and universities with total enrollment of 10,000 students or fewer.
- Campuses and facilities with school-owned student housing, athletic facilities, and administrative buildings.
Accounts with significant on-campus research hazards, high-hazard operations, or very large student populations may be outside the appetite. Contact AI Risk underwriting for borderline or complex exposures.
Coverage Highlights and Advantages
- Property coverage for buildings, contents and business interruption tailored to campus operations.
- Inland marine and valuable papers & records coverage to protect student and institutional records.
- Machinery and equipment breakdown to cover HVAC, boilers and campus mechanical systems.
- Crime coverage for employee dishonesty, theft and funds transfer exposures.
- Primary commercial general liability with optional lead umbrella capacity through AIG.
- Incidental medical malpractice — useful for on-campus clinics, athletic trainers, and health services.
- Abuse & molestation coverage — available as part of the program to address one of the most sensitive campus exposures.
- Limited pollution coverage for accidental releases from heating systems, maintenance operations or student housing.
Underwriting Notes
Underwriters will evaluate campus exposures, historical claims, risk management practices, and student population size when considering submissions. Common submission items that help speed placement include:
- Current ACORD applications and a detailed description of campus operations.
- Five years of loss runs and explanation of any large or recurring claims.
- Property schedule with values by building and construction and protection details (sprinklers, fire alarms).
- Policies and procedures for background checks, child protection, campus safety and incident reporting.
If minimum premium requirements apply they will be provided by AI Risk during the quoting process.
Territories and Availability
The AI Risk Education program is available in the following jurisdictions:
AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY
Why Place This Business With AI Risk
AI Risk combines program-focused underwriting with AIG capacity to deliver broad, school-specific solutions. For agents, that means:
- Single-source quoting for multiple campus coverages.
- Access to umbrella capacity and specialty coverages like abuse & molestation and incidental med-mal.
- Underwriters experienced with educational exposures who can work with you on risk improvement recommendations and tailored terms.
Example Account Scenarios
- A 600-student private K–12 independent school seeking property, liability and abuse coverage for on-campus after-school programs and a small health clinic. This account fits the program’s typical appetite.
- A private liberal arts college with 3,200 enrolled students requesting property, student housing liability, limited pollution and equipment breakdown coverage for campus mechanical systems. AI Risk can package these coverages with AIG umbrella capacity.
If you represent schools or campuses that match the size and exposures above, AI Risk’s Education program is positioned to provide competitive, consolidated protection with underwriting that understands the unique risks of educational institutions.