Home / Insurance solutions / Sectors / Institutions
Insurance for institutions
Schools, universities, foundations and public bodies have responsibilities towards students, users and society, and trustees and executives who are accountable for their management.
Activities we advise on
Oller Brokers has been an insurance broker since 1952. It advises educational institutions, foundations, associations and public bodies on the design, placement and review of their insurance programmes, with access to more than 70 insurers.
We advise schools, organisations and public authorities. We review the entire programme or a specific policy and, in the public sector, provide support throughout insurance tender processes.
- EducationSchools, universities, business schools, training centres, nurseries, etc.
- Foundations and associationsFoundations, associations, professional bodies, NGOs, the third sector, etc.
- Public authorities and state-owned companiesLocal councils, consortia, public agencies, state-owned companies, etc.
Risks and cover
Choose a risk to see which insurance covers it in the programme of a company in the sector.
Risk
Students and users
Accidents and harm to students, users, visitors and volunteers.
How it is covered
Risk
Trustees and executives
Claims arising from management decisions by the board of trustees, the governing board or the board of directors.
How it is covered
Risk
Buildings and heritage
Damage to buildings, equipment and, in some cases, historic or artistic heritage.
How it is covered
Risk
Off-site activities
School trips, travel, camps and extracurricular activities.
How it is covered
Risk
Personal data
Cyber attacks and data breaches involving students, members or citizens.
How it is covered
Insurance they typically need
Every company is different. These are the policies that carry most weight in the programme of a company in the sector.
- General liabilityDamage to third parties caused by the business activity and premises.
- D&O for trustees and executivesClaims against trustees and executives for their management.
- AccidentsInjuries to insured persons, regardless of fault.
- All risks property damageBuildings, machinery and stock against any damage not excluded.
- Cyber insuranceIncident response, business interruption and data-related claims.
- Travel assistanceMedical care, repatriation and assistance away from home.
- Employee benefitsHealth, life, accident and savings as part of the remuneration package.
Two ways to get started
Full programme review
We analyse all your policies together: duplicated cover, gaps, sums insured, deductibles and exclusions. We then present alternatives from different insurers.
Review of a specific policy
A renewal with a premium increase, a contract requiring new cover or a poorly resolved claim. We examine that policy and look for better terms.
Large risk programmes
A medium-sized or large company does not need a stand-alone policy, but someone to design, place and defend a complete programme. That is what we have been doing since 1952. See more
- Risk analysisWe study the business's activities, facilities, contracts and claims history. Working with specialist firms, we also offer a risk management service.
- Properly valued sums insuredWe review insured values and business interruption so that a claim payment is not reduced due to underinsurance.
- Access to the whole marketMore than 70 Spanish and international insurers, underwriting agencies and Lloyd's through coverholders.
- Co-insurance and excess layersWhen a risk exceeds one insurer's capacity, we spread it through co-insurance and structure it in as many excess layers as needed.
- International programmesFor groups with subsidiaries outside Spain, we coordinate international programmes that comply with each country's regulations.
- In-house claims teamSupports the business from notification through to settlement and defends its position with the insurer.
Frequently asked questions
Does a foundation need D&O?
Yes, it is advisable: trustees can be held personally liable for damage caused by acts contrary to the law or the articles of association, or carried out without due diligence.
Which insurance covers students?
The school's liability insurance covers damage for which the school is responsible. Accident insurance covers students' injuries regardless of fault.
What insurance does a school need for trips and travel?
The school's liability insurance covers damage for which the school is responsible. Accident insurance covers students' injuries, and travel assistance insurance covers medical care and repatriation away from home.
Other sectors
Can't see your sector? We work with businesses in every field.
Let's talk about your business
We review your insurance programme, or the policy you're concerned about, with no obligation.