Washington Schools Risk Management Pool

What Washington Schools Risk Management Pool does

Washington Schools Risk Management Pool (WSRMP) is a not-for-profit, member-owned, member-governed, and member-driven risk management pool founded in 1986 by Washington State school district and Educational Service District (ESD) superintendents during a nationwide commercial insurance crisis. The organization provides comprehensive risk coverage and risk management services exclusively to Washington State K-12 public school districts, Educational Service Districts, and inter-local cooperatives, with a member base exceeding 100 districts. Its core products span liability, property, vehicle, cyber, errors & omissions, and crisis management coverage, supplemented by specialized pre-loss and investigative services (Pre-Loss Legal Program, Investigation Coverage, Special Education Defense Coverage), and member support services including dedicated risk consultants, claims adjusters, the Superintendent Ombudsman Program, and a members-only web portal.

WSRMP is regulated as a tax-exempt, inter-local governmental entity under the jurisdiction of the Washington State Risk Manager, distinguishing it from commercial insurance carriers. Revenue is generated through recurring member contributions that fund pooled risk coverage, claims reserves, reinsurance, and operations. Distribution is exclusively direct: each prospective member engages WSRMP staff through inquiry, and each active member is assigned a dedicated risk consultant and claims adjuster. Strategic partnerships with Alliant Insurance Services (Builder's Risk), AJ Gallagher (Crisis Management and terrorism), and Community Matters (Safe School Ambassadors Program) extend the offering beyond core insurance into prevention programming, crisis response, and construction coverage.

The organization is governed by an Executive Board with representation across small, medium, and large-sized districts plus an inter-local cooperative, ensuring member-driven decision-making on coverage terms, claims litigation philosophy, and pool direction. Headquarters are in Tukwila, Washington, and the organization has maintained a clean audit record with the Washington State Auditor's Office since inception, with additional triennial Claims Technical Audits and oversight from the State Risk Manager.

Name

Washington Schools Risk Management Pool

Legal name

Washington Schools Risk Management Pool

Website

https://wsrmp.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Short description

Washington Schools Risk Management Pool is a member-owned, not-for-profit risk pool providing liability, property, cyber, and specialized education coverage exclusively to Washington State K-12 public school districts, Educational Service Districts, and inter-local cooperatives. Founded in 1986, it serves over 100 members under a member-governed structure.

Ownership category

akta.pro rank

Product category

Public Education Risk Pool Insurance

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Student AD&D Insurance (School-Sponsored) (FSAIALAG)

akta.pro secondary industry

Crisis Response & Threat Assessment (Suicide Prevention, Violence Prevention) (EDAJAIAH)

Keywords

• School risk management
• Public school insurance pool
• Liability coverage programs
• Claims administration services
• Educational service districts

Headquarters

HQ city

Tukwila

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Member Contributions/Premiums: As a not-for-profit risk pool, WSRMP generates revenue through member contributions from participating school districts, Educational Service Districts, and inter-local cooperatives. Members pay contributions to fund the pooled risk coverage, claims reserves, and operational costs. The organization is member-owned, with contributions supporting coverage programs, claims administration, and risk management services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

WSRMP provides comprehensive risk management and insurance coverage programs—including liability, property, vehicle, cyber, special education, errors & omissions, and crisis management coverage—exclusively to Washington State K-12 public school districts, Educational Service Districts, and inter-local cooperatives. Members receive dedicated risk consultants, claims adjusters, underwriting services, pre-loss legal advice, investigation coverage, and supplementary programs such as the Superintendent Ombudsman and Safe School Ambassadors initiative, all funded through member contributions.

Product overview

Washington Schools Risk Management Pool (WSRMP) is a member-owned, member-governed risk pool for Washington State K-12 public school districts and Educational Service Districts. The organization provides a unified portfolio of risk management and coverage programs consisting of core insurance products (Liability Coverage, Property Coverage, Vehicle Coverage, Cyber Coverage, Emergency Medical Expense, and Errors & Omissions), specialized pre-claim and investigative services (Pre-Loss Program, Investigation Coverage, Special Education Coverage), and member support services (Claims Services, Underwriting Services, Risk Services, Member Services). The offering extends to supplementary programs including the Safety & Support Response Guide, Counseling Coverage, SAPAC, and Safe School Ambassadors Program, with crisis management support through AJ Gallagher and builder's risk through Alliant Insurance Services.

Differentiator

Problem solved

Functional benefit

Products and services

• Pre-Loss Program Provides WSRMP members with up to 30 days of free legal advice from panel counsel on issues with potential to become a covered claim, accessible unlimited times per year with no deductible.
• Investigation Coverage Provides up to $20,000 in coverage for qualified investigators supervised by panel counsel to investigate high-profile incidents, accessible unlimited times per year with no deductible.
• Special Education Coverage Three-tiered coverage including up to $5,000 for hearing preparation, up to $35,000 for due process hearing defense, and up to $200,000 for federal court appeals, accessible unlimited times per year with no deductible.
• Liability Coverage Provides broad Auto Liability, General Liability, and Employment Practices Liability coverage including defense costs, with no deductible.
• Emergency Medical Expense Coverage Provides medical expense payments for injuries on premises regardless of liability, limited to $3,000 per student per occurrence, excess over other insurance, with no deductible.
• Errors & Omissions / School Directors Liability Provides broad E&O coverage for wrongful acts including discrimination, equal access, bullying, and sexual misconduct, with enhanced coverage for school board members and district superintendents, with no deductible.
• Property Coverage Covers all district-owned structures and contents including newly acquired property, with free appraisal services, crime coverage, money and securities, boiler, machinery and equipment breakdown coverage. Deductibles of $1,000 or $5,000 available.
• Vehicle Coverage Covers all district-owned or leased buses and vehicles on replacement cost basis with no mileage penalty. Includes Garage Keepers liability. Deductibles of $1,000 or $5,000 available.
• Cyber Coverage Provides cyber liability, network security, internet liability, and data breach coverage including ransom and fraudulent impersonation coverage, with access to a private member website for resources and webinars. Deductibles based upon district size.
• Crisis Management Coverage Partnership with AJ Gallagher providing Crisis Management and Crisis Recovery assistance for Active Assailant and other significant crises, including terrorism coverage and access to preparation resources.
• Risk Services Enterprise risk management services including regional trainings, scholarships, onsite safety consultations, risk alerts, roundtables, grants, and a risk library. Each member is assigned a dedicated consultant.
• Claims Services Ensures prompt responsive service for claims and lawsuits, with each member assigned a dedicated claims adjuster. Includes litigation management philosophy selecting specialized school law attorneys.
• Underwriting Services Produces Coverage Agreement, declarations page and endorsements. Secures reinsurance for property and casualty programs, cyber liability, builder's risk, and crisis management coverage. Responsible for property appraisals and TIV determination.
• Superintendent Ombudsman Program Provides free 24/7 advice to member superintendents on various topics or problems through calls or visits.
• Safe School Ambassadors Program Partnership with Community Matters providing free 3-year pilot programs training influential students as 'upstanders' for harassment, intimidation, bullying, violence, or sexual misconduct situations.
• Counseling Coverage Free counseling coverage for students and families following traumatic events involving bullying, harassment, or sexual abuse, including walk-through support from incident to invoicing.

Quantifiable outcome

• No deductibles on most coverage types including liability, special education defense, pre-loss legal advice, and investigation coverage
• +3 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Alliant Insurance ServicescoreStrategic or Co-development PartnerWSRMP has partnered with Alliant Insurance Services to provide a comprehensive Master Builder's Risk policy for new construction and renovation projects at a pool-discounted rate. The policy has been vetted to synchronize with WSRMP's Coverage Agreement.
• AJ GallaghercoreStrategic or Co-development PartnerWSRMP has partnered with AJ Gallagher to provide Crisis Management and Crisis Recovery assistance for Active Assailant and other significant crises. Includes terrorism coverage. Members have access to private website to watch global alerts, prepare for events through articles and webinars, and ask questions of experts and coaches.
• Community MattersminorStrategic or Co-development PartnerWSRMP partners with Community Matters to pilot the Safe School Ambassadors Program. WSRMP offers free 3-year pilot programs to members who wish to start a Student Ambassador program that trains influential students to be 'upstanders' rather than 'bystanders' when confronted with harassment, intimidation, bullying, violence or sexual misconduct.
• Seattle, Tacoma and Puyallup School DistrictsminorStrategic or Co-development PartnerWSRMP collaborated with Seattle, Tacoma and Puyallup school districts to develop the Safety & Support Response Guide. This guide provides information on establishing a Response Team, meeting with students and families, creating trauma-informed Safety Plans, assisting in trauma-informed investigations, and mandatory reporting to law enforcement.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Alliant Insurance Services:
• Arthur J. Gallagher & Co. Global insurance brokerage and risk management services firm that already partners with WSRMP on Crisis Management. As a broad incumbent, Gallagher serves K-12 districts commercially and represents the alternative path WSRMP members could theoretically pursue.

Direct peers

• Schools Alliance of New York State: New York school district cooperative providing risk management, insurance pooling, and collaborative purchasing for member districts. Comparable cooperative/mutual structure serving K-12 with education-specific coverage focus.
• Schools Insurance Authority: California-based public entity risk pool serving K-12 school districts and community colleges through pooled insurance and risk management programs — a directly comparable inter-governmental risk pool structure to WSRMP, just at a larger geographic and member scale.
• Public Entity Joint Insurance Fund (NJ JIFs): Network of New Jersey joint insurance funds providing pooled property/casualty coverage to municipalities and school boards. Operates on similar inter-local governmental principles as WSRMP.
• Alliance of Schools for Cooperative Insurance Programs (ASCIP): Joint powers authority serving California K-12 districts with property/liability, workers' comp, and risk management services. Operates under a pooled, member-governed model analogous to WSRMP and offers education-specific coverage language.
• New Jersey School Boards Association Insurance Group: Statewide school risk pool in New Jersey providing property, casualty, and workers' comp coverage through a member-governed structure. Mirrors WSRMP's inter-local governmental approach and K-12 vertical focus.
• Schools Excess Liability Fund (SELF): California JPA providing excess liability and property coverage specifically to K-12 districts and community colleges. Closely comparable mission, governance model, and coverage scope to WSRMP.
• Ohio Schools Risk Sharing Authority (OSRSA): Ohio-based school district risk-sharing pool providing liability, property, and auto coverage through pooled contributions and member governance. Functionally equivalent to WSRMP at state scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Washington Schools Risk Management Pool