 |
A Tradition of Strong, Stable Growth
The origins of the Colorado School Districts Self Insurance Pool (CSDSIP) date back to 1981, when Colorado state regulators authorized the organization’s creation. Initially comprised of the Littleton, Cherry Creek, Denver, Windsor, Del Norte and Siebert school districts, CSDSIP’s formation was a direct response to shortcomings in the commercial insurance market.
Within four years, membership jumped to 70 school districts, and the CSDSIP Board of Directors initiated a capital contribution campaign to build up the organization’s reserves. Bolstered by the resulting financial stability, which continues through today, CSDSIP turned its focus to developing additional and enhanced products, services and training that fulfill its Members’ varied needs.
In 1997, CSDSIP became a self-administered pool – a move that provided heightened control over processes, costs and operations. Meanwhile, the organization formalized the practice of returning excess contributions to Members via dividends or reduced contribution levels.
Reinforced by its sound financial footing and proven operational expertise, the organization spent the first years of the 21st century sharpening service efforts, refining product offerings and ensuring the financial stability of its 170-plus Members.
To capitalize on our tradition of financial stability, contact us today.