Today, education institutions face a wide range of risks, from campus security and safety, to compliance with government regulations, cyber risk and more.
Working with a broad spectrum of education establishments, Marsh's Education Practice understands the environment you work in and its unique exposures. These risks can damage your reputation, profitability and even viability in the face of increasing public and government demand for board and trustee accountability.
Taking a consultative approach to risk management, we help schools, academies, colleges, and universities better understand their risks. Our risk assessment capabilities – backed by our dynamic risk-mapping technology – help you benchmark, quantify and manage financial and operational exposures in the areas of property, employers liability, natural hazards and many other areas of risk.
We provide protection focused on dealing with exposure to physical, consequential, legal, management, financial, and reputational risk – drawing on a bespoke portfolio of innovative insurance solutions and risk management services that meet the specific requirements of your educational institution.
The result: Boards and governors can rest assured that critical risks have been identified and addressed and the total cost of risk has been minimised.
As an educator in today’s environment, one of the key things that sets you apart from other schools is your reputation. Occasionally, an unexpected crisis arises which may affect that reputation. From a field trip accident to a fire, from a financial scandal to inappropriate teacher behaviour, even a minor crisis can have far reaching consequences for the survival of your school.
In order to manage these risks you need a partner who has the expertise to help protect your school and ultimately the reputation you have worked hard to build. At Marsh we aim to work with you to establish which risks are the most appropriate to insure for your school.
State Owned Schools
Were you aware that the Ministry of Education scheme may not provide cover for all of your insurance requirements. Over the past few years, Marsh has provided a school insurance programme exclusively designed for school assets and property not covered by the Ministry of Education. During this time we have learnt a lot about Ministry of Education (MOE) schools and their unique risk issues.
The Marsh Ancillary School insurance programme provides insurance for:
- Overcode, Board of Trustees and community owned buildings
- Property assets, which are used for school & community purposes, but not insured by the MOE
- Motor vehicles (e.g. school vans, cars)
- Marine hulls (e.g. rowing skiffs, sailboats, kayaks)
- Travel (e.g. overseas cover for pupils & staff on educational or study trips)
- Domestic dwellings cover for houses that are the responsibility of the school to insure
- Studentsafe International Pathway (travel and health insurance policy available exclusively for school and college students travelling to New Zealand to study
- Cover for alterations to existing buildings or construction of new buildings not insured by the MOE
Marsh is the industry leader in providing solutions to the tertiary education sector. We provide total risk solutions to universities, higher learning institutions and state and independent schools in Australasia and around the globe.
We offer an unrivalled depth of capabilities including asset protection, liability exposures, people risks, student insurance solutions and a host of complementary consulting services.
These solutions are backed up by the expertise of the knowledgeable staff who work with our tertiary clients.
Our Tertiary Practice specialists have an in depth knowledge of the sector’s unique risk issues and share knowledge across the Practice to ensure that issues are proactively managed and best practice service is provided to our clients.
Tertiary sector clients also gain the benefit of Marsh’s other specialist practices including:
- Marsh Risk Consulting
- Financial & Professional Services specialists
- People Risk specialists
- Affinity specialists
- Claims management specialists