The Benefits of Florida Insurance Trust

How charter schools can benefit from collective buying power

What does an Insurance Trust do for you?

In case of the Florida Insurance Trust (FIT), it gives you the purchasing power of a $30 million plus trust and over $1 billion of covered property – far more negotiating power specifically designed to serve the growing non-profit community.
In addition to the collective buying power achieved by uniting like organizations, the trust transfers risk from a sole non-profit to the larger group. This provides all members of the trust better rating structures with less volatility. It’s a great way to take advantage of economies of scale and generate stability in coverage and pricing.
FIT boasts the convenience of purchasing all lines of coverage – General & Professional Liability, Property, Auto, Workers Comp, D&O, EPLI, Crime, Excess/Umbrella, Cyber – from one cost-competitive source.  Broadened coverages at viable rates continue to be distinct features the 225 plus members of FIT have come to rely on. A decade of success has led to unparalleled experience in non-profit pooling. Specialized experts precisely deliver tailored products, services and market-wide analysis because they know, in-depth, the operating and exposures of all types of non-profit risk.
Florida Insurance Trust is the perfect FIT for Florida’s Non-Profits.
For more information: 
Jimmy Drew, Non-Profit Division Manager                                   Gerard Fiacco, Executive Vice President
407-551-0108 (o), 860-573-2939 (c)                                                 407-551-0102 (0), 386-503-1948 (c)
jjdrew@bmbinc.com                                                                              gfiacco@bnbinc.com
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