Educational Service Centers Risk Funding Trust
The Educational Service Centers Risk Funding Trust (ESCRFT) is to reduce and stabilize long-term costs of property, liability and workers' compensation insurance for Indiana schools
ABOUT THE PROGRAM
Utilizing a spirit of respect and cooperation, the mission of the Educational Service Centers Risk Funding Trust (ESCRFT) is to reduce and stabilize long-term costs of property, liability and workers' compensation insurance for Indiana schools and related educational organizations by providing an alternative risk management program that is self-governed and transparent.
- More Competitive Pricing - power of pool membership negotiating leverage v. single school results in lower premiums
- Broadest Coverage Terms - several unique extensions of coverage not typical to standard carrier forms
- Better Resources - service providers are directly responsible to the pool and not an insurance company, resulting in more focused and effective resources
"ESCRFT's quality of coverage and stability in pricing provided MSD of Mt. Vernon a much-needed alternative to the commercial P&C market. We now have better coverage for less cost, and the premiums have been level and predictable since we joined. Thanks, ESCRFT!"
Loren Evans, Director of Business and Technology at MSD of Mt. Vernon
"We were initially concerned about losing the 'local' connection and customer service. We have been pleased that the claims service and customer responsiveness has exceeded our expectations since we joined ESCRFT."
Chad Phillips, Assistant Superintendent at Bartholomew Consolidated School Corporation