Wis. Technical College System: Technical college insurance co-op recognized nationally

Steven Stoeger-Moore, 262-268-6954
Kevin Myren, 608-246-6033

MADISON – The Wisconsin Technical Colleges’ Districts’ Mutual Insurance (DMI) Company is receiving national recognition in its first year of operation. Districts’ Mutual Insurance will receive the Exemplary Practices Award from the Community College Business Officers (CCBO). The award recognizes outstanding, innovative or collaborative practices by community and technical colleges, especially those that are effective and efficient.

DMI was formed in July as a municipal insurance company that will allow the 16 technical colleges to contain costs of property, general liability, worker compensation and other ancillary insurance. By creating DMI, the colleges anticipate significant cost savings to help offset future potential increases in college insurance costs and reduce increasing health insurance costs by pooling risk and loss control services.

“The creation of DMI demonstrates the creative power of collaboration through which our local technical colleges and the WTCS System Office come together to create efficiencies that benefit taxpayers and our students,” said WTC System Interim President Dan Clancy.

The CCBO is the professional association of community and technical college business officers in the United States and Canada. The award will be presented on Tuesday, November 16 at the CCBO Convention in Charleston, South Carolina.

“I congratulate the staff throughout the system who contributed their efforts to the DMI project on the national recognition of their excellence,” Clancy added.

The Wisconsin Technical College System has 16 technical college districts throughout Wisconsin, which offer more than 300 programs awarding two-year associate degrees, one- and two-year technical diplomas and short-term technical diplomas. In addition, the system is the major provider of customized training and technical assistance to Wisconsin’s business and industry community. One out of every nine adults in Wisconsin receives education from the state’s 16 technical colleges. The WTC System Web site is located at www.wtcsystem.org.