Fiduciary Liability Insurance Program (FLIP)

Our Fiduciary Liability Insurance Program (FLIP) leverages the power of a group purchase to offer greater coverage and cost advantages than individual organizations can get on their own.

Contact

Shawn M. Kraatz First Vice President shawn.kraatz@alliant.com

Qualifying Organizations

Eligible risk classes include but are not limited to Public Employee Retirement Systems (PERS), State Teachers Retirement Systems (STRS), standalone retirement systems, fire/police pension systems, states, counties, cities, and special districts.

Cost Savings

With extensive experience in creating joint purchase insurance programs for public entities, we leverage the combined size of the program’s membership and long-term relationships with insurance carriers to deliver broad coverage, with savings that averages 25% below market for standalone policies.

Greater Stability

Because FLIP is a group purchase and not a pool, participants do not share risk, which means greater stability as the insurance market fluctuates. The combined size of the program helps to ensure the most competitive structure in both hard and soft markets. In addition, you have your own limits of liability and a choice of deductibles or self-insured retention.

News & Resources

See All

Insight

Public Entity Newsletter - In The Public Eye 2023

"In The Public Eye" - The newsletter dedicated to exploring risk management topics and challenges faced by today's Public Sector leaders.

Podcast

In The Public Eye: Navigating Loss Control Within Public Power

Carleen Patterson welcomes Aidan Heisey, David Heath and Tim Prenger, Alliant, to the podcast. They discuss engineering within public power and cover what loss control and engineering really entails as it pertains to insurance, what insureds are meant to do with engineering recommendations, the “requirements” of these recommendations and what fulfilling these recommendations means for premiums.

Podcast

In The Public Eye: Environmental Concerns on the Rise Within Public Entities

Carleen Patterson sits with Katrina Seese, Alliant Environmental for Public Entity, to discuss emerging issues and possible exposure to air & water pollution for Public Entities.