Property & Casualty Insurance Coverage for 

College and University Alumni/ae Associations & their Alumni/ae Clubs 

  

  

What is the need? 

  

College and University Alumni/ae Associations share many different legal relationships with their host institutions that directly impact what insurance coverage, if any, is provided to the Association and their recognized Alumni/ae Clubs.  Alumni/ae Association legal structures range from an unincorporated association that is a department of the host institution staffed with employees of the institution to a separate 501(C)3 entity with no legal ownership or tie to the host institution that requires a separate comprehensive insurance coverage.     

  

Regardless of the relationship of the Association and its host institution it is unlikely the host institution insurance coverage extends insurance protection for the activities of the Alumni/ae Club held nationwide or worldwide. Alumni/ae Clubs are critical to the business of the Association and promotion of the host institution.  Alumni/ae clubs host many different types of alumni/ae functions and their officers want the assurance they are provided insurance protection for possible claims of negligence against them arising out of their role with the Club.  Providing your volunteers with comprehensive insurance protection is critical to recruiting and retaining good alumni/ae volunteers.  

 

Alumni/ae Association Insurance Coverage Informational Flyer(pdf format)  

  

Who will be of service to you? 

  

This insurance option brings together the strengths of Willis and Charity First to provide a comprehensive property and casualty insurance coverage for the needs of College and University Alumni/ae Associations and the activities of the Alumni/ae Clubs throughout the United States.    

  

Insurance Broker:
	Willis is a subsidiary of Willis Group Holdings and is dedicated to the design and implementation of risk management and insurance overages for college based student and alumni/ae organizations
Managing General Underwriter:
	Charity First was founded in 1984 to insure nonprofit organizations.  Today, the organization has grown into a national network of underwriting offices that insure over 5,000 nonprofit organizations throughout the United States.  Charity First has provided Willis with an exclusive agreement for their work with Alumni/ae Association clients.
Insurance Carrier:
	Willis chose to work with Charity First because Charity First has available the insurance carriers that will best fit the needs of Alumni/ae Associations. We have based their selection on the insurance carrier being a leading provider of property & casualty insurance and surety products in the marketplace. In all carriers that will underwrite the Alumni Association business hold an A (X) rating or better by A.M. Best & Co, a leading agency in the review of financial strength of insurance companies.

  

What insurance protection is available? 

  

·         Commercial General Liability  

·         Property 

·         Automobile  

·         Crime 

·         Workers Compensation  

·         Umbrella Liability 

  

In addition, Willis can also meet your insurance needs for; 

  

·         Directors' & Officers' Liability  

·         Fiduciary Liability 

·         International Liability  

·         Internet Liability 

  

Information needed for a proposal: 

  

·         Replacement Cost Values of any Association owned Real, Business Personal Property, Electronic Data Processing (Computer) Equipment, Fine Arts, Valuable Papers or other Inland Marine exposures that need to be insured.  

·         Annual and lifetime membership count of the Association.  This question assumes that the Association has a dues program.  

·         Listing of annual campus activities sponsored by the Association and approximate attendance of each activity.  

·         Listing of recognized alumni/ae clubs (domestic and international)  

·         Listing of any other endorsed or recognized alumni/ae organizations that the Association wishes to insure. (e.g. Graduation Classes, Interest or Affiliated Groups)  

·         If other recognized alumni/ae organizations are in place and activities differ from traditional alumni/ae clubs please provide overview of how activities differ.    

·         Approximate membership of all alumni clubs and other recognized alumni/ae organizations.    

·         Operating requirements, if any, placed upon alumni/ae clubs or other alumni/ae organizations? (e.g. Required registration of functions). If yes, provide most recent annual calendar of events. 

·         Alcohol policy that must be abided by during functions? If yes, provide a copy. Any other operating requirements?  

·         Documentation of any known incidents or claims that have arisen in past 5 years, if none, hard copy loss runs showing same or no known loss letter will be needed.    

  

 Who would an interested participant contact?   

  

Marketing Department 

Willis 

10707 Pacific Street, Suite 200
Omaha, NE 68114 

)  1-800-736-4327, extension 4191 

2   1-800-328-0522 

fraternalinsuranceapp@willis.com