Education
A commitment to protect all areas of education
Your educational institution operates in a constantly evolving risk environment. The rise in abuse claims, ransomware events and active assailant incidents means you need a risk partner that can expertly navigate this complex landscape.
At Lockton, our specialist education team does just that. With expertise across property, casualty, financial and operational risks, student health, and people-related matters, including employee benefits - you can be assured that we’ll have a plan to protect your educational institution regardless of the risks you face.
360º approach to risk management
We deliver far more than just your insurance policy.
Our strategic approach to your institution’s risk transfer goes far beyond the insurance policy we place for you. We take the time to understand your unique institutional goals and pair this with innovative data analytics, risk consulting, and claims advocacy.
The outcome of this holistic approach is simple: a dedicated educational institution risk partner that delivers peace of mind for the existing, evolving, and emerging risks you face.
Here is a range of risks we have helped educational institutions overcome:
Shifting demographics and their impact on admissions
Ensuring schools do not have gaps in their programs, or are paying for duplicative coverage
Data privacy and ransomware threats and the rise of artificial intelligence (AI), such as Chat GPT, and other technologies in workplace and learning environments
Workforce issues and operational pressures
Student mental health challenges
Environmental, social and governance (ESG) issues, including pressure from activist donors and DEI advocates
Campus safety, including active assailant threats, crime and hazing
Funding abuse claims
Athletic program risks, including coach abuse and athletes as employees
Local, state and federal compliance and regulation
International satellite campuses and study abroad programs
Facilities and deferred maintenance
Reputational risk and brand management, including threats related to social media and other venues
Our Emerging Risk Practice focuses on identifying, educating and supporting the rapidly changing environment facing schools
Expertise and support for Consortium programs, Risk Retention Groups, Captives, Shared Program, Master Programs, Charter School Networks and State University Programs.
Why Lockton?
Private ownership
Lockton has much greater flexibility than publicly traded companies when it comes to working with clients. We can focus on your needs, as opposed to what shareholders or investors want.
Depth of resources
Lockton’s global resources are at our fingertips. Our fully integrated education team has ready access to our dedicated risk practices teams, risk control team, analytics team, alternative risk financing team, special servicing teams and claims consultants, among other experts.
No profit centers
We do not charge for value-added services. Instead, our education team members are encouraged to deploy all available resources on behalf of our clients.
Integrated service team, with local marketing
We are the only global broker with an integrated team to ensure our educational clients have access to dedicated experts, who also represent you directly in the marketplace rather than passing off to a “hub.”
Strategic alignment
A team dedicated to supporting and advancing your institutional mission.
Read our latest education risk insights
Let’s talk insurance for your educational institution
Get peace of mind for your educational institution - connect with our specialist education risk team and we’ll be in touch as soon as we can.
Talk to our team