Why choose IOA for higher education insurance?
Choosing IOA means partnering with a knowledgeable team that understands the unique challenges of higher education. Our brokers provide comprehensive solutions to help you protect your institution’s people and property through superior planning, detailed risk assessments, and continuous monitoring of emerging risks to ensure your coverage aligns with your organization. With strong carrier relationships, we leverage our market power to secure competitive terms, conditions, and pricing so your institution has the best protection.
Our higher education insurance markets
Universities and colleges
Community colleges
Private institutions
Public institutions
Higher education insurance products
Products for the higher education industry include:
Aviation
Aviation insurance offers specialized protection for aircraft, including risks associated with commercial operations, private use, and aviation services.
Equipment breakdown
Equipment breakdown insurance protects businesses from financial losses from sudden and accidental machinery failures, including repair costs and interruption.
Bonds and surety
Bonds and surety insurance guarantee the performance or obligations of businesses, offering financial protection for contracts, compliance, or legal requirements.
Commercial auto
Commercial auto insurance offers protection for business-owned vehicles, covering liability, physical damage, and risks unique to commercial transportation.
Crime
Crime insurance covers financial losses resulting from theft, fraud, forgery, and other dishonest acts committed by employees or external actors.
Directors and officers
Directors and officers insurance protects company leaders from personal liability for decisions made on behalf of the organization.
Professional liability (E&O)
Professional liability (E&O) insurance protects professionals and businesses against claims of negligence, errors, or omissions in their services.
Employment practices liability
Employment practices liability insurance protects businesses against claims arising from workplace disputes.
Fiduciary liability
Fiduciary liability insurance protects employers and plan administrators from claims alleging mismanagement of employee benefit plans.
General liability
General liability insurance covers bodily injury, property damage, and personal injury claims arising from business operations.
Cyber liability
Cyber liability insurance helps businesses recover from incidents like data breaches, ransomware, and regulatory penalties.
Commercial property
Commercial property insurance safeguards physical assets, including buildings, equipment, and inventory, against risks like fire, theft, and natural disasters.
Commercial umbrella
Commercial umbrella insurance extends the coverage limits of primary policies, offering an additional layer of protection against large claims.
Excess liability
Excess liability insurance provides additional coverage above the limits of underlying policies, offering extended protection against high-value claims.
Workers compensation
Workers compensation insurance covers employee medical expenses and lost wages resulting from work-related injuries or illnesses.
Flexible solutions for your institution’s entire community
We offer comprehensive services for your staff, faculty, students, and alumni.
Staff and faculty services
Student services
Alumni services
Staff and faculty services
Active management
IOA brokers provide comprehensive support, including plan selection, compliance, and performance monitoring, ensuring your staff can access secure and effective retirement options.
Benefits
Offer your staff a comprehensive benefits package, including health, dental, vision, life, disability, and other essential coverages.
Compensation
IOA brokers help you navigate salary benchmarking, incentive programs, and benefits structuring.
Core benefits
Our brokers help meet your workforce’s needs with your core benefits package.
Ccontract structuring
Attract and retain top talent by offering tailored financial contract structuring for highly compensated employees.
Retirement
Help your team plan for their future with retirement solutions tailored to their needs. Our brokers provide support for group retirement plans and selective or excess retirement plans.
Supplemental benefits
Expand your benefits offering with supplemental plans like accident, critical illness, hospital indemnity, and disability insurance.
Telemedicine programs
Provide convenient access to healthcare with telemedicine services, allowing your staff to consult medical professionals remotely.
Student services
Accident and health plans
Comprehensive accident and health plans ensure students can access quality healthcare while pursuing their education.
Financial education
Empower students with the financial literacy skills needed for a secure future.
International coverage
Protect students studying abroad or participating in international activities with comprehensive international insurance.
Telemedicine programs
Provide students with convenient access to healthcare through telemedicine services.
Travel accident
Cover students for accidents occurring during travel for academic or extracurricular purposes.
Alumni services
Affinity programs
Offer your alumni access to a range of insurance products through affinity programs, providing discounts and special rates on health, dental, vision, life, home, and auto insurance.
Dental
Provide comprehensive dental coverage to alumni, ensuring access to routine checkups, cleanings, and specialized dental care at affordable rates.
Health
heOffer health insurance plans designed for alumni, providing comprehensive medical coverage for preventive care, emergencies, and ongoing health needs.re
Home and auto
Help alumni protect their valuable assets with customized home and auto insurance policies. These plans offer competitive rates and comprehensive coverage, ensuring alumni have peace of mind.
Life
Offer life insurance plans that help provide financial peace of mind to alumni and their families.
Supplemental insurances
Provide alumni with additional coverage options, such as critical illness, accident, hospital indemnity, and disability insurance, offering extra financial protection beyond core benefits.
Telemedicine
Give alumni convenient access to healthcare through telemedicine services. With remote consultations via phone or video, alumni can consult healthcare professionals easily, ensuring their wellbeing regardless of location.
Vision
Offer vision insurance plans that help alumni maintain good eye health with coverage for routine eye exams, glasses, and contact lenses.
Warranty programs
Protect alumni’s valuable purchases with warranty programs that offer coverage for electronics, appliances, and other high-value items.
Large donor gift planning
Provide strategic planning support for significant donor gifts, helping your institution secure large donations while aligning with donors’ financial and philanthropic goals.
Connect with an IOA insurance expert
Speak to an IOA broker who understands your industry, goals, and challenges.
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