Gallagher’s Higher Education Practice is pleased to present the results of our 2018 benchmark survey. For the first time, the survey also provides benchmarking information for Fiduciary Liability coverage.
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The frequency and severity of risk within higher education is in constant flux. Recent high-profile claims and the announcement of large claim settlements speak to the challenges faced by colleges and universities in answering the question, “Do we have sufficient insurance coverage?” 

We greatly appreciate the 371 institutions who supplied their data by the November 1, 2018 cutoff date. A number of institutions provided exposure and limit information after the cutoff date and while we were able to provide those institutions with individualized benchmark reports, their data is not included in this summary report. We expect to release the next Liability Benchmark Report in 2020.

Download the full Liability Benchmark report to learn more.