ASCIP

Governance

As a member owned and governed insurance pool, the membership elects their representatives to the Executive Committee to direct the organization on their behalf.

The Executive Committee has designated seven standing operational committees that members are encouraged to join. Based on interest, expertise, and time commitment, nearly half of our members participate in some leadership capacity in the JPA.

Claims/Coverage Committee
Provides settlement authority on claims from $50,000 to $250,000

Community Colleges Committee
Evaluates community college membership and the unique needs of colleges

Finance/Investment Committee
Oversees the budget and $300,000,000+ investment portfolio

Health Benefits Committee
Oversees the health benefits program

Risk Control Committee
Administers a nearly $4,500,000+ annual risk program budget aimed at providing risk services and programs to the ASCIP membership

Personnel and Compensation Committee
Oversees ASCIP’s staffing and employee compensation package

Marketing/Underwriting Committee
Evaluates new membership

Committee Meetings

View Committee Meeting Dates

Archived Agendas

Archived Minutes

ASCIP's Recent Financials

Audited Financial Statements:

ASCIP's Current Budget

ASCIP's Adopted Budget Summary 2016-17

	Property/Liability	Workers' Compensation	Health Benefits	Total All Funds
REVENUES
Annual Premium	$57,043,000	$36,160,00	$169,877,400	$261,080,400
Investment Income	2,100,000	$1,700,000	$188,000	$3,988,000
Other Income	$812,000	---	$3,000	$812,000
Total Revenues	$59,955,000	$37,860,000	$170,068,000	$267,883,000
EXPENDITURES
Insurance Expenses	$50,922,200	$32,080,000	$161,402,800	$244,405,000
Program Expenses	$3,880,000	$1,069,000	$710,000	$5,659,000
Operating Expenses	$6,655,500	$4,608,000	$7,489,000	$18,752,500
Total Expenditures	$61,457,700	$37,757,000	$169,601,800	$268,816,500
Excess of Revenues over Expenditures	$(1,502,700)	$103,000	$466,600	$(933,100)

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