The Trust is a not-for-profit corporation established pursuant to A.R.S. Section 11-952.01, and is operated under the provisions of Title 10 of the Arizona Revised Statutes. The Trust is required to submit annual financial and actuarial reports to the Department of Insurance and is examined once every three years by the Department. The Trust has met all obligations established by the Department of Insurance. The Trust was created in 1986 to provide protection and service to Arizona's public school districts. To this end the Trust has managed over 18,000 claims.  The average total incurred cost per claim has been $5,843.  When re-insurance recoveries are factored into the average the net  incurred cost is reduced to just over $5,400 per claim.

This has allowed the Trust to maintain its financial independence while at the same time developing long term business relationships with reinsurers. The financial strength of the Trust, and the strength of its reinsurers allows the Trust to provide coverage and limits of liability not available from private insurance alternatives. The partnership between the Trust and its reinsurers has been developed solely for the benefit of Arizona's public schools. Click here for a list of reinsurers.