VSIT Scores High Marks With Reinsurers

19 Feb

The Valley Schools Insurance Trust (VSIT) provides liability insurance to several large employers in the valley including very large school districts.  Each year they are audited by several folks, including an independent audit and evaluation of reserves for liability.  Once again, VSIT has passed with flying colors without any defects and with substantially more reserves than required.  This program has saved each of its member employers around $1 million per year in premiums due to risk management, aggressive claims management, investigations and damage mitigation.  As part of the trust, reinsurance is purchased to limit maximum liability per claim.  The outstanding work of Tom Bock, Administrator for VSIT, has resulted in a high level of confidence in reinsurers.  As they evaluate the financials, operations and expertise at the trust, they give it their highest ratings, resulting in lower costs for members.  Outstanding job VSIT!

liability-insurance

Want to know more?  You can see more about them at:

http://www.myvalleyschools.org/member-services/insurance-trust

Or contact Tom Bock or Sheri Gilbert at 623-594-4370 for more information.

Sheri Gilbert, Director of Marketing and Business Development

Sheri Gilbert, Director of Marketing and Business Development

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