INSURANCEONGOING

Youngstown State University Board of Trustees Meeting Agenda Packet December 2025

YSU Leverages Group Insurance Consortium for Major Savings

Property and casualty insurance expenses were 38% lower, approximately $300,000 savings in FY 2025Youngstown State UniversityINTER UNIVERSITY COUNCIL RISK MANAGEMENT INSURANCE CONSORTIUMDecember 11, 2025

Trusted by teams at

Description

Youngstown State University participated in the Inter University Council Risk Management Insurance Consortium for property and casualty insurance during FY2025, achieving approximately $300,000 in cost savings.

Contract Details

Contract Amount

Property and casualty insurance expenses were 38% lower, approximately $300,000 savings in FY 2025

Vendor

INTER UNIVERSITY COUNCIL RISK MANAGEMENT INSURANCE CONSORTIUM

Agency

Youngstown State University, OH

Contract Type

INSURANCE

Document Date

December 11, 2025

Contract Term

FY2025

Renewal Date

2025-06-30

Renewal Info

Ongoing consortium membership. Individual policy renewals and terms not specified in agenda.

Issuing Agency