APCU offers insurance and risk management protection to its member institutions through Educational and Institutional Insurance Administrators, Inc. (EIIA). EIIA exists to serve the insurance and risk management needs of small, church-related schools and to advocate in the insurance marketplace solely for the benefit of educational institutions affiliated with the Presbyterian Church (USA), the United Methodist Church, The Evangelical Lutheran Church in America and the American Baptist Churches, USA.
Through EIIA, schools have access to a full range programs and services including property and casualty insurance, student insurance, employee benefits and risk management services that are tailored specifically to the needs of educational institutions.
Based in Chicago and organized as a not-for-profit 501(c)(3) Illinois corporation, EIIA is governed by a board of directors consisting of college presidents, business officers and others, including representatives of the PC(USA) and other denominations. Addition direction is provided by an advisory council consisting of chief financial officers of EIIA-member institutions.
About EIIA
Educational and Institutional Insurance Administrators, Inc. (EIIA) was formed in the early 1960s, when a number of United Methodist colleges were unable to obtain property coverage from the commercial insurance market. The United Methodist Church helped the colleges to purchase coverage as a group, thereby generating a sufficient premium for insurance companies to respond. EIIA was incorporated in 1976 as a non-for-profit corporation under the United Methodist Church.
EIIA expanded its services until, today, it offers a full range of insurance coverage including automobile, general liability, special events liability, crime, directors and officers liability, fiduciary liability, pollution/environmental impairment liability, employee health and welfare, long-term disability, life, accidental death and dismemberment and student health and accident.
In 1988, EIIA began providing its services to other church-related colleges and universities. Since 1992 it has provided insurance and risk management protection to Presbyterian colleges that are members of APCU.
EIIA currently provides insurance and risk management to more than 135 institutions in 40 states and the District of Columbia.
