Risk Management Fund
The TASB Risk Management Fund has been providing the highest-quality risk management services at competitive pricing to Texas school districts since 1974. With more than 1,100 members, $200 million in assets, and over $110 million in members' equity, the Fund is one of the oldest, largest, and financially strongest risk pools in the nation. The Fund's services and coverages are custom designed to meet the unique needs and exposures of Texas school districts.
| Business Insurance magazine (June 2005) ranked the Fund the fifth-largest public entity risk pool in America. |
Governed by a 19-member Board of Trustees, composed of school board members, superintendents, and other officials from the Fund's member districts, and administered by TASB, Inc., the Fund is uniquely positioned to respond to its members' needs.
The Fund differentiates itself from other insurance providers in the following areas:
- Focus on school districts and other educational entities
- Tailored coverage and services to meet the needs of the Fund's members
- Commitment to service by the staff of TASB, the Fund's program administrator
- Leadership in online capabilities and technology to reduce costs and enhance service delivery
Fund Coverage
The Fund provides coverage to its members for the following risks:
- Workers' Compensation
- School Professional Legal Liability
- Property
- General Liability
- Auto Liability
- Unemployment Compensation
- Auto Property Damage
Depending on their size and claims experience, members can choose a variety of coverage options, from fixed-cost, fully-funded plans to partial self-insurance or full self-insurance programs.