Maine Schools Board Association

What Maine Schools Board Association does

Maine School Boards Association (MSBA) is a constituent division of the Maine School Management Association (MSMA), a non-profit association founded in 1971 and headquartered in Augusta, Maine. MSMA operates as an umbrella organization encompassing MSBA (serving elected school board members) and the Maine School Superintendents Association (MSSA, serving superintendents and assistant superintendents). The organization delivers insurance, policy, advocacy, and professional development services to Maine's public school districts through a membership-based direct-to-consumer model, with services targeted exclusively at the in-state education vertical.

The core of MSMA's offering is a portfolio of self-insurance trust funds including Property & Casualty Insurance (insuring $4.3 billion in property across 200+ school entities), Workers' Compensation (covering 21,000 employees), Unemployment Compensation (covering 173 school units), Dental (10,000+ employees and families for over 30 years), Life and Disability plans, and the recently added Paid Family Medical Leave (PFML) program. These insurance products are paired with a suite of professional services: Policy Services (including a sample policy database and policy manual review), Legislative and Government Relations advocacy, Business Office Support and Training, Superintendent Search Services, Risk Management Solutions, Boiler Inspections, Student/Athlete Insurance, and a statewide Collective Bargaining Agreements Database. Digital infrastructure includes an MSMA Online Benefits Portal, an Online Payments platform, and iOS and Android mobile apps.

MSMA generates revenue through recurring subscription-like streams, primarily insurance premiums and contributions paid into its self-administered trust funds, supplemented by membership dues supporting MSBA and MSSA affiliated services. The organization markets through its website, social media channels, the annual Fall Conference, and the MSBA Awards program, with no pricing publicly disclosed. MSMA serves as the de facto insurance and governance infrastructure for Maine's public K-12 education sector, anchored by 44+ years of continuous operation of its life and disability programs and a statewide footprint covering essentially every public school unit in Maine.

Name

Maine Schools Board Association

Legal name

Maine School Management Association

Website

https://msmaweb.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

11–50 employees

Short description

Maine School Boards Association (MSBA) is the school-board-focused division of MSMA, a non-profit association providing insurance trusts, policy services, legislative advocacy, and professional development to Maine's public school districts, board members, and superintendents.

Ownership category

akta.pro rank

Product category

Education Insurance & Advocacy Services

NAICS

Health and Welfare Funds (52512), Insurance and Employee Benefit Funds (5251)

SIC

Accident & Health Insurance (6321), Insurance Agents, Brokers & Service (6411), Life Insurance (6311)

akta.pro primary industry

Self-Funded (ERISA) Employer Plans (HLAEAAAC)

akta.pro secondary industry

Self-Insured Workers’ Compensation Programs (FSAJAEAD)

Keywords

• School insurance trusts
• Education advocacy services
• Policy services
• School board training
• Educational risk management

Headquarters

HQ city

Augusta

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums and Trust Funds: MSMA operates self-insurance trust funds for property & casualty, workers' compensation, unemployment, dental, and life/disability insurance. School entities pay into these trust funds, which are administered by MSMA to provide coverage to member schools.
2. Membership Dues: The organization provides services to member school units through MSBA (Maine School Boards Association) and MSSA (Maine School Superintendents Association) affiliations, likely supported by membership dues from school districts.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

MSMA operates a portfolio of self-insurance trust funds—including Property & Casualty, Workers' Compensation, Unemployment, Dental, Life & Disability, and Maine Paid Family Medical Leave—for more than 200 Maine school entities and 21,000+ school employees. It also delivers policy services, legislative and government relations advocacy, business office training, superintendent search services, risk management, and professional development events through its MSBA and MSSA divisions.

Product overview

Maine School Management Association (MSMA) is an umbrella organization that encompasses the Maine School Boards Association (MSBA) and Maine School Superintendents Association (MSSA). The organization operates as a multi-faceted educational services provider offering a platform of interconnected insurance trust programs and professional services. The core insurance portfolio includes Property & Casualty Insurance Trust, Workers' Compensation Trust Fund, Unemployment Compensation Trust Fund, Dental Trust Fund, Life & Disability Insurance Plans, and Maine's Paid Family Medical Leave. These insurance products are complemented by professional services including Policy Services (with sample policy database and manual review), Legislative and Government Relations advocacy, Business Office Support & Training, Superintendent Search Services, and a statewide Collective Bargaining Agreements Database. The organization also provides ancillary services like Risk Management Solutions, Boiler Inspections, Certificate Requests, Student/Athlete Insurance, and Special Events Coverage. Additional digital services include an Online Benefits Portal, Online Payments platform, and annual Fall Conference.

Differentiator

Problem solved

Functional benefit

Brands

• MSBA: Maine School Boards Association - advocacy and legislative representation for Maine school board members
• MSSA

Products and services

• Property & Casualty Insurance Trust

Quantifiable outcome

• $4.3 Billion in property value protected through insurance trust
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• AASA (The School Superintendents Association): AASA is the national professional association for school superintendents, paralleling MSMA's MSSA affiliate at a national scale. Comparable in mission around superintendent leadership support, professional development, and advocacy.
• National School Boards Association (NSBA): NSBA is the national umbrella organization representing school boards across the U.S. It is a broader incumbent that complements state-level associations like MSBA, offering national advocacy and resources rather than direct insurance trust administration.

Regional players

• Michigan Association of School Boards (MASB): MASB is a statewide association serving Michigan school boards with policy, advocacy, and training services. Comparable in scope and function to MSBA, scaled to a larger state's school governance market.
• New Hampshire School Boards Association (NHSBA): NHSBA is the New Hampshire state association of school boards providing advocacy, training, and policy support. A direct regional peer to MSBA, serving a comparable small New England public school market.
• Wisconsin Association of School Boards (WASB): WASB represents Wisconsin school board members with policy services, training, and advocacy. It is a regional analogue of MSBA at a larger scale, illustrating how state school board associations operate as membership-based advocacy and service organizations.
• Vermont School Boards Association (VSBA): VSBA serves as the state-level association for Vermont school boards, providing advocacy, training, and insurance-related support analogous to MSMA's MSBA arm. Operates in a neighboring New England state with a similar small-state, public-school focus.
• Connecticut Association of Boards of Education (CABE): CABE is Connecticut's statewide association for local and regional boards of education, providing policy services, training, and advocacy similar to MSBA. Comparable membership-based, single-state school governance support model.

Direct peers

• Massachusetts Interlocal Insurance Association (MIIA): MIIA operates self-insurance pools providing property/casualty, workers' compensation, and other coverage to Massachusetts municipalities and public entities including schools. It is the closest functional analogue to MSMA in a neighboring New England state, sharing the multi-line, public-entity self-insurance trust model.
• New York Schools Insurance Reciprocal (NYSIR): NYSIR is a reciprocal insurance pool formed by New York school districts to provide property, casualty, and related coverage. It mirrors MSMA's structure of pooling school-entity risk under a member-governed, education-specific insurance vehicle.

Emerging players

• Schools Excess Insurance Fund (SEIF): SEIF operates as an excess insurance pool providing layered risk coverage for New Jersey school districts through a JIF-style structure. Comparable to MSMA's trust fund approach to pooling school-entity risk across multiple lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/msma207
• Facebookfacebook.com/pages/category/Public---Government-Service/Maine-School-Management-Association-550993928364893
• LinkedInlinkedin.com/company/jefferson-village-school

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 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 Maine Schools Board Association