The NEFEC Risk Management Program provides cooperative self-funded insurance coverages to support a subset of participating rural school districts in the North East Florida Educational Consortium (NEFEC): Baker, Bradford, Columbia Dixie, Flagler, Gilchrist, Hamilton, Levy, Nassau, Putnam, and Union County School Districts as well as the Florida Virtual School and Hernando County School District. Our collaborative approach ensures our ability to secure and maintain the highest and most economical values for our member districts utilizing self-funded insurance provisions for property, casualty, workers’ compensation and liability exposures.
Savings under a Risk Management Program will vary depending on the size of a school district and the member districts' success in managing their risk and exposure to loss.
Participating districts maintain control of money paid into the program and the interest that accrues.
Participating districts will have access to someone trained in this program working full time in the area of loss prevention and identification of risk exposures.
The program allows for increased awareness of and responsibility for safe conditions. The benefits are for continued well-being and safety of the consortium, the protection of property and the cost of the program to each district. To assist in optimum safety conditions, the NEFEC provides loss prevention management on a regular basis.
The Consortium has contracted for the services of an Administrative Service Organization to perform duties, in coordination with the North East Florida Educational Consortium and the designated Risk Manager.