Canadian Universities Reciprocal Insurance Exchange

Canadian Universities Reciprocal Insurance Exchange

  • 5500 N Service Rd Ste 901
  • Burlington, Ontario
  • L7L 6W6

Description

Under the initiative and leadership of the Canadian Association of University Business Officers (CAUBO), CURIE was formed in 1987 in response to major changes in the availability of affordable commercial insurance coverage for universities. On January 1, 1988, 42 Canadian universities began pooling and collectively insuring their property, liability, and errors and omissions risks through their own risk financing and insurance entity. CURIE was conceived with the objectives and mandate from its subscribers to stabilize insurance premiums; broaden liability exposure coverage; add catastrophe and earthquake coverage; offer higher and more flexible policy limit and deductible options; and coordinate and promote an improved and coordinated approach to risk management with a focus on addressing the specific needs of universities.

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