EVANSTON, IL – Sigma Alpha Epsilon is encouraging chapters and advisers to budget for an anticipated increase in our annual risk-management fee for the 2012-2013 academic year. This information should allow Eminent Treasurers and financial advisers to project individual per-man costs accordingly.
The base fee likely will be fixed at $340 or higher per man for 2012-2013, which is a result of adjusted rates from our insurance carrier. This number is an estimate and will depend on our loss experience for the remainder of this calendar year. A significant shock loss prior to the end of the year could make this estimate higher.
The Risk-Management Allocation Model for 2012-2013 has been approved. To see comprehensive details on what to expect for billing, click HERE.