The Wisconsin Educators Risk Management Cooperative (WERMC) is a 66.0301 formed by districts in 2000 to purchase liability and Workers’ Compensation insurance, collectively. WERMC members' insurance is not "pooled" which can create adverse selection. Each member is underwritten individually to ensure favorable results. The service “platforms” from the Workers’ Compensation insurance company and agent, plus the liability insurance carrier are exceptional and help to reduce costs. Workers’ Compensation dividends are very competitive with the long-term goals of the reduction of accidents, Experience Mods, and premiums through a variety of specialized services and risk management best practices.
Why Become a Member?
The buying power of over 60 Districts in cooperatively purchasing, negotiating, and influencing level of services from carriers and agents.
Fast growing cooperative with extensive resources, benefits, and value
Independent risk management consultant with extensive hands on experience & knowledge of Workers’ Compensation, Liability, & Property exposures and claims
dividend structure that allows for competitive, yet sustainable dividends
claims reporting triage service to reduce staff time & thorough claims documentation
carrier awarded safety grants for projects
carriers that specialize in school/CESA risks
significant and meaningful loss control services
Broad service platform for loss control and claims management by national broker
No Cost “Think HR”, including a hotline
Vendor partners for discounted services and/or special offers
Liability Pre-claim Loss Control: attorney assignment at CIC’s expense to manage a potential claim
Legal Counsel on Call discounted hourly rates for non-insurance issues
Network of colleagues committed to, and willing to share, risk management Best Practices
Quarterly Workers’ Compensation claim and annual Experience Mod reviews to reduce costs
Biannual educational meetings on timely and important issues
Board of Directors comprised of member school business officials