APSB Insurance Committee Meeting 9.1.26

The Ascension Public Schools Insurance Committee convened on September 1, 2026, to review and approve various insurance renewals and procurement decisions related to the district's insurance coverage. Key discussions included flood insurance renewals with noted savings, educator legal liability, automobile liability coverage for the district's fleet, drone liability insurance, and cyber insurance with a change in providers resulting in cost savings. The committee also reviewed reinsurance arrangements, including coverage for high-cost gene therapy treatments, and approved continuing with United Healthcare for retiree Medicare plans with a new dual-card system for medical and prescription coverage. A significant procurement decision involved the selection of Gallagher Benefit Services as the new employee broker for benefit brokerage services, following a competitive RFQ process with four proposals and two finalists. The broker fee is estimated not to exceed $3 million, with the contract effective January 1, 2027. Motions to approve these renewals and broker recommendations were passed and scheduled for inclusion on the next consent agenda. The meeting emphasized fiscal responsibility and strategic vendor selection to manage insurance costs and employee benefits effectively.