United Educators Insurance (UE) has announced that Janice Abraham, president and CEO, will retire in summer 2023. The company has said it will soon begin the search for her successor. UE is a reciprocal risk retention group, providing liability insurance and risk management services to K-12 schools, colleges, and universities. With approximately 1600 members, the company is owned and governed by the institutions it works with. Abraham has served UE for 35 years, the first 10 as an administrator at Cornell University and Whitman College, before going on to become CEO and president. During her tenure she has expanded the organisation from 900 to 1600 member institutions, and grown gross written premium from US$40 million to a projected US$376 million. The company has received AM Best’s A Rating for financial strength for 24 consecutive years. Developing new liability and risk-management products, Abraham also created the Cool Head, Warm Heart approach to claims resolution, which helps members facing crises. Morgan Olsen, board of subscribers chair at UE, comments: “On behalf of the board, I would like to express our gratitude to Janice for the marvellous job she has done leading UE over the last quarter-century to its current position as the leading risk management and transfer company serving American education. “Janice has demonstrated her superb leadership skills by providing a rock-solid foundation for the future of our member-owned captive. Her work has ensured that UE today is in the strongest possible position, developing a cohesive, creative and skilled senior leadership team and keeping a laser focus on our service to education.”
