Education Insurance “Tailored Cover, Specialist Expertise”

According to the 1923 Statistical Report from the Department of Education under the auspices of Education Minister Eoin MacNeill there were 497,146 pupils and 5,684 schools registered. Subjects at the time included Algebra for both Boys and Girls, Domestic Economy and School Gardening with an annual budget of around £3.5m. Things have moved on somewhat and the latest Department of Education & Skills (DES) statistics for the 2018/2019 cycle highlights the following numbers.

• Primary Students - 567,772
• Primary School - 3,240
• Secondary Students - 362,899
• Secondary Schools - 722
• DES Budget - €11 billion

Education is compulsory for children in Ireland from the ages of six to sixteen or until students have completed three years of second-level education. The Irish education system is made up of, Early Childhood, Primary, Post Primary, Further Education and Training Higher Education

We protect a wide range of educational establishments including schools, colleges, universities and business schools and have been providing specialist education insurance for over 35 years. We cover a variety of organisations, from primary and secondary schools to third level and theological colleges. We engage with representative groups to provide us with a deep understanding of the education sector. Our experience in this market means that we have a comprehensive understanding of the insurance requirements for the education sector. We have a tailored insurance product which can provide protection for your school, college, staff, pupils, buildings, contents and business interruption.

Our underwriting is flexible and combined with our valuation service and risk management expertise, it allows us to provide competitive and comprehensive solutions for your clients. Within our extensive client base we insure a vast range of establishments whose primary purpose is to educate, instruct or impart knowledge or skill

• Secondary schools
• Primary schools
• Gaelscoileanna
• Adult Education
• Higher education establishments
• Universities
• Management colleges
• Teacher training colleges
• Professional bodies and associations
• Theological colleges
• Business schools
• Further education colleges
• Private colleges

The following risks are not within appetite – Liability Only, Childminders/Crèches/Nurseries/, Summer Schools

• Buildings and contents
• Business interruption
• Loss of money
• Fidelity
• Employers’ liability
• Public liability (Including Retroactive Cover subject to Underwriting Criteria)
• Personal accident
• Professional indemnity
• Reputational risk
• Trustees’ and management liability
• Cyber – this section has been designed to respond to various risks which could be damaging to the educational establishment, whether it be data recovery following a hardware failure or a full scale data breach. It also gives access to a network of cyber risk experts who can help.
• Equipment breakdown
• Fine art, collections and antiques
• Hirers’ liability
• Legal expenses

The above is subject to underwriting criteria, terms and conditions will apply .

You will need to let us know:

• Sums insured for buildings and contents
• Construction details of the property including insulation
• Age and condition of electrical wiring, plumbing and the roof and, if any buildings are on the list of protected structures
• Details of fire and security measures in place for your client’s property
• Confirmed claims experience for the last five years including information surrounding mitigating future losses following a previous incident
• Details of any Retroactive dates required as well as the covers under their Existing PL/Abuse/PI and D&O. Details of any incidents or previous losses under these covers
• Demonstration of good management including Safety Statement, Risk Assessments, Pre-employment Checks (including vetting)
• Record Keeping, Safeguarding Policy and General Property Maintenance
• Any business continuity plan
• Teacher, staff and volunteer numbers and splits in wage roll
• Student numbers and if there are boarders
• Details of any hazardous activities for example equestrian, abseiling etc.