TASB Risk Management Fund
The TASB Risk Management Fund has been providing risk management services to Texas school districts since 1974. With more than 1,100 members, $300 million in assets, and almost $150 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.
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:
- Competitive pricing and commitment to customer service
- Focus on school districts and other educational entities
- Comprehensive coverage and services tailored to meet the needs of the Fund’s members
- Leadership in online capabilities and technology to reduce costs and enhance service delivery
- Commitment to “giving back” to members through loss prevention grants, no-cost member education, experience renewal rewards, and other member benefit programs
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, member districts can choose a variety of coverage options, from fixed-cost, fully funded plans to partial self-insurance or full self-insurance programs.