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 HRH/Kirklin &
Co, LLC 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.
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Insurance Broker:
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HRH/Kirklin & Co, LLC is a subsidiary of Hilb Rogal & Hobbs and
is dedicated to the design and implementation of risk management and
insurance overages for college based student and alumni/ae organizations
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Managing General
Underwriter:
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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 HRH/Kirklin & Co, LLC with an exclusive
agreement for their work with Alumni/ae Association clients.
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Insurance Carrier:
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HRH/Kirklin & Co., LLC 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.
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What
insurance protection is available?
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Commercial General Liability
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Property
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Automobile
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Crime
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Workers Compensation
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Umbrella Liability
In
addition, HRH/Kirklin & Co, LLC can also meet your insurance needs for;
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Directors' & Officers' Liability
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Fiduciary Liability
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International Liability
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Internet Liability
Information
needed for a proposal:
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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.
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Annual and lifetime membership count of the Association. This question assumes that the Association
has a dues program.
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Listing of annual campus activities sponsored by the Association and approximate
attendance of each activity.
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Listing of recognized alumni/ae clubs (domestic and international)
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Listing of any other endorsed or recognized alumni/ae organizations that the
Association wishes to insure. (e.g. Graduation Classes, Interest or Affiliated
Groups)
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If other recognized alumni/ae organizations are in place and activities
differ from traditional alumni/ae clubs please provide overview of how activities
differ.
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Approximate membership of all alumni clubs and other recognized alumni/ae organizations.
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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.
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Alcohol policy that must be abided by during functions? If yes, provide a
copy. Any other operating requirements?
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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
HRH/Kirklin
& Co., LLC
12231 Emmet Street, Suite 5
Omaha, NE 68164
) 1-800-736-4327,
extension 203
2 1-800-328-0522
fraternalinsuranceapp@kirklin.com
