Oakland Unified School District 20022003 Insurance Program Review

1
Oakland Unified School District2002-2003
Insurance Program Review

• Prepared by
• Ron Martin
• Keenan Associates
• September 30, 2002

2
Oakland Unified School District PC Insurance
Coverages

• Liability
• Property
• Workers Compensation
• Boiler Machinery
• Equipment Breakdown
• Public Employee Dishonesty
• Crime Fidelity
• Travel Accident
• Electronic Data Processing Coverage
• Voluntary Student Accident

3
OUSD2003-2004 Insurance Goals Objectives

• Research and Evaluate Alternative Excess Markets
  and ability to buy down 1,000,000 per occurrence
  limit
• Research and Evaluate Alternative Excess Workers
  Compensation Markets to fully transfer risk vs.
  self-insurance pooling

4
OUSD2003-2004 Insurance Goals Objectives
(contd)

• Buy-down Boiler Machinery deductibles
• with minimum to no increase in premium
• Increase Crime Limits with minimum to no increase
  in premium
• Research, Review and provide Owner Controlled
  Insurance Program options to eliminate district
  construction risk exposures

5
Oakland Unified School DistrictLiability
Structure
6
Oakland Unified School DistrictProperty Structure
7
2002-2003 Property Structure
8
Oakland Unified School DistrictWorkers
CompensationStructure
9
Boiler Machinery Coverage
10
Public Employees Dishonesty(Crime Fidelity)
11
Oakland Unified School District Travel Accident
12
Oakland Unified School DistrictElectronic Data
Processing
13
Oakland Unified School District Premium Summary
14
QUESTIONS?