In 1986, educational organizations united to create the MASB-SEG Property/Casualty Pool. At the time, many commercial insurers refused to write coverage for Michigan school districts and the limited coverage that was available was overpriced and not affordable. Fearing uninsured losses, school administrators put their trust in the Michigan Association of School Boards (MASB) and SET SEG to serve as a collaborative financial manager to create and administer funds from a shared pool.
The MASB-SEG Property/Casualty Pool is governed by a board of directors comprised of school district and education association leaders from across the state. Members elect representatives to the Pool’s board annually. The board is responsible for overseeing the investment strategy, coverage enhancements, and philosophy of the Pool.
Board Members President
Superintendent, Roseville Community Schools Vice President
Superintendent, Genesee ISD Secretary-Treasurer
Executive Director, Mich. School Business Officials
Superintendent, Kent ISD Director
Superintendent, St. Johns Public Schools Director
Superintendent, Crawford AuSable School District
Superintendent, Eastern Upper Peninsula ISD Director
Executive Director, Mich. Assn. of School Boards