About Us
SAIF offers school districts a unique opportunity to control insurance costs.
SAIF was formed in 1996 to provide an alternative to traditional insurance programs. SAIF’s goals are as follows:
​
-
Provide predictability in insurance costs
-
Reduce administrative costs of the fund.
-
Reduce claims costs by risk management and loss control activities.
-
Be responsive to members’ insurance needs.
-
Retain Risk Management Consultant’s central role as advisor to the member.
​​
Today, SAIF has 138 members located throughout the State.
How is SAIF Governed?
SAIF operates as a regulated joint insurance fund. Its members elect a Board of Trustees, which is responsible for the fund’s operations. The day-to-day operations are the responsibility of Public Entity Group Administrative Services (PEGAS) and other service providers.
​
PEGAS is an experienced joint insurance fund manager. It manages the fund from its office in West Windsor.
How can a School District join SAIF?
The entity’s risk management consultant submits underwriting information to SAIF. SAIF will review the information to determine the district’s eligibility. If eligible, SAIF will issue a proposal. Upon acceptance of SAIF’s proposal and completion of membership documents, the district will become a member of SAIF.
​
To apply, contact Craig Klein via email or call (609) 275-1155 x138
Fund Professionals
Actuary – The Actuarial Advantage, Inc.
Administrator – Public Entity Group Administrative Services
Attorney – Saul Ewing LLP
Auditor – Withum, Smith & Brown, PC
Claims Administrator – Highland Claim Services, Inc.
Loss Control Specialist – Partnership Safety Consulting
Managed Care – Qual-Lynx