1890s
Black colleges affiliated with churches in the South begin to be formed during the post Civil War era.
Claflin University wood shop (Library of Congress)
1940s
Historic black colleges are underserved and unable to acquire insurance due to prohibitive costs and institutional racism.
McCoy Administration Building, Rust College
1960s
Insurance consortium organized under the leadership of Dr. John O. Gross to serve uninsured historic black colleges of the Methodist Church.
Dr. John O. Gross
1976

EIIA is incorporated as a not-for-profit, free-standing entity of the Methodist Church.

Dr. Thomas Trotter becomes CEO of the UMC Board of Higher Education and inherits the consortium. He solidifies structure and accountability, hires Stanley Tarr as the first EIIA president.

Student insurance program is added.

1977
EIIA settles a landmark case when the University of Evansville, Indiana basketball team perishes in plane crash.
12/13/77 A Night that Will Never Be Forgotten in Evansville, Indiana
1981
EIIA Employee Benefits Program is added.
1985
James Hatcher joins EIIA. A former chief business officer, he grows staff, creates tighter business organization, and builds Advisory Council.
1987
Lutheran institutions (ELCARM) join EIIA.
1991
Property & Casualty Program is developed and risk management services are added. Stan Tarr retires, James Hatcher becomes president.
1992
Presbytarian Church USA (APCURM) institutions join.
1996 - 2000
EIIA covers a landmark sexual misconduct loss of $23 million.
1998
Tornado hits Gustavus Adolphus College; EIIA covers $50 million loss. Campus is rebuilt.
Gustavus Adolphus College
2002

College Insurance Company is formed as a Vermont captive insurance company.

James Hatcher retires. Siri Gadbois is named new President and CEO of EIIA.

2004

Keystone Valuation System (SM) is launched.

American Baptist institutions (ABRM) join.

2005
The Campus Conduct Hotline (SM) risk management service is introduced.
2009
United Methodist Higher Education Association (UMHEA) is formed.
2009

College Risk Purchasing Group (College RPG) is formed.

College Risk Retention Group (College RRG) is formed.

Our Timeline - Roll over each date on the timeline to learn more.

Scan the insurance landscape, and you won't find another organization quite like EIIA. When it comes to serving the insurance and risk management needs of colleges and universities, it is without peer.

To understand the story behind EIIA, you need to begin at the conclusion of the Civil War.

Four million slaves suddenly found themselves without chains – and also without homes, jobs, money or prospects. Identifying that one of their most critical needs was education, 11 members of the Methodist Episcopal Church (later a part of the United Methodist Church) met in Cincinnati, Ohio in 1866 and founded the Freedmen's Aid Society. The mission: Establish schools to teach former slaves to read and write.

In just over a year, 59 new schools were underway.

Protecting Educational Institutions Empowers Individuals

From the beginning, financial resources were scarce. Building construction quality was poor and many facilities lacked adequate repairs. Racial turmoil meant the threat of vandalism, even violence, hung over many campuses.

And because many of these institutions were regularly denied insurance coverage, they were left particularly vulnerable to catastrophic loss. Over time, EIIA's predecessor organizations brought together a consortium of nearly 60 institutions to spread the risk enough to make the protections of risk management and insurance more available to all members.

 

Over 50 Years of Service

EIIA has become the industry model and most concentrated repository for risk management know-how.
History Brochure

 

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