More Than 40 Years of Service
In operation since 1974, the Fund is a self-insurance risk pool serving Texas school districts, community colleges, and other education organizations. The Fund provides Workers' Compensation, Property, Liability, Auto, and Unemployment Compensation coverage to more than 1,000 members and is the largest provider of risk management services to Texas education entities.
The TASB Risk Management Fund provides comprehensive and responsive risk solutions supporting educational excellence in Texas public school districts and other public educational entities.
In 1974, several Texas school districts recognized risk-pooling as a better alternative to meeting their new legal requirement to provide workers' compensation coverage to employees.
To meet school districts' needs for affordable, expert workers' compensation services, the Fund began operations as the TASB Workers' Compensation Self-Insurance Fund (WCSIF). The successful WCSIF launch led to additional risk management programs, which merged to form the TASB Risk Management Fund (Fund) in 1997.
Today, the Fund continues to offer comprehensive solutions, including Property, Liability, Auto, Workers' Compensation, and Unemployment Compensation coverage for school districts and other Texas education organizations.
The Fund is one of the largest risk-sharing pools in the country, with $324 million in assets and over $197.3 million in members' equity. Review the most recent audited financial statement.
The Fund's partnership with TASB ensures that the Fund meets exceptional service standards. Both TASB and the Fund are not-for-profit organizations with similar missions to support public education. Due to its mission-focused philosophy and financial strength and stability, the Fund's ability to respond to member needs is unmatched.
About the Texas Association of School Boards (TASB)
The Fund is administered by TASB, a nonprofit organization with the sole mission of supporting public schools. This partnership means the staff working on behalf of the Fund have expertise specifically related to the education industry. It also means the Fund has access to other TASB services that make it easy to provide comprehensive solutions for our members. For more information on TASB programs and services, visit tasb.org.