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District reviews school‑district insurance options with NYSER representative
Summary
NYSER (a nonprofit reciprocal for New York K–12 districts) briefed the Port Washington Audit Committee on coverages, including blanket property limits, FEMA commercial flood policies per building, cyber endorsements and supplemental cyber coverage. Committee members asked about exclusions and next steps on cyber limits.
Adriana Melidas, marketing manager for NYSER, told the Audit Committee that NYSER is a nonprofit reciprocal formed to provide stable, K–12-focused insurance coverage and risk-management services for participating New York school districts.
“NYSER... was formed,” Melidas said, “to provide stable insurance coverage as well as risk management services, to help districts mitigate losses.” She described the management-company model that supports underwriting and policy administration for about 340…
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