WTCS: Technical college self insurance group recognized for outstanding fiscal management

Kevin Myren, 608-246-6033

MADISON – The Wisconsin Technical Colleges’ Districts’ Mutual Insurance (DMI)

Company has received a national Award of Excellence from the Government Finance Officers

Association (GFOA). The “Excellence in Management & Delivery of Services Award,” which

recognizes outstanding fiscal management in the area of government finance, was presented by

the 16,000-member organization at its annual conference in San Antonio last month.

“This is another positive example of our colleges collaborating to be more cost effective

for taxpayers,” said Dan Clancy, Wisconsin Technical College System president. “The award

was given to DMI in recognition of the enhanced insurance coverage DMI provides to our

colleges, the significant long term cost savings over traditional insurance programs, and the cost

containment of what would otherwise have been increased insurance expenditures,” Clancy


DMI was formed a year ago as a municipal insurance company in an effort to contain

costs of property, general liability, worker compensation and other ancillary insurance for the 16

technical colleges. By creating DMI, the colleges anticipate significant, long-term cost savings

to help offset future potential increases in college insurance costs.

Kevin Myren, chief financial officer at Madison Area Technical College, accepted the

award as president of the DMI Board of Directors. This was the only award of excellence given

in the “Management & Delivery of Services” category and the only award given to educational

institutions. Award winners in four other categories were either municipalities or state units of


During its first year of operation, DMI also received the “Exemplary Practices Award”

from the Community Colleges Business Officers and was a finalist for the College Futures

Assembly “Bellwether Award” for outstanding and innovative programs.

Wisconsin’s Technical Colleges offer more than 300 programs to community residents

who receive two-year associate degrees, one- and two-year technical diplomas and short-term

technical diplomas. Wisconsin’s business and industry turn to the technical colleges for

customized training and technical assistance. One out of every nine adults in the state uses the

16 technical colleges for career preparation and continuing education each year. Find more

about educational programs at