You are here: Home > About PACE

About PACE

The Special Districts Association of Oregon and the Oregon School Boards Association formed PACE in 2006 to serve the unique needs of Oregon’s public school districts, community colleges and education service districts.

No one can match the expertise and 40 years’ experience that SDAO and OSBA bring to property-casualty insurance that serves local governments.

OSBA formed the first property-casualty insurance pool for education in Oregon in 1985 and has served education entities for more than 20 years. The Special Districts Association has provided coverage for local governments since the mid-1980s and now insures more than 850 entities. SDAO added schools in 2003 to fill a coverage gap left when a major insurer pulled out of the state.

By merging programs, SDAO and OSBA formed the largest property and liability risk pool of school entities in the state, with more than 200 education organizations. PACE’s surplus equity and financial stability are rock-solid.

PACE offers unequaled price and coverage options to its members. Unlike an insurance company whose profits are distributed to shareholders, PACE’s only objective is to provide reasonable rates and comprehensive coverage to participating entities. PACE’s size and strength help it negotiate the most competitive deals from reinsurers.

PACE also delivers the most personalized service in the industry. Coverage documents, reinsurance policies, underwriting guidelines, claims-adjusting services, loss-control programs and training opportunities - all are designed to fit the risk management needs of Oregon’s public education organizations.

And PACE is convenient, available through local independent insurance agents who help you select the right coverage. Schedules for pricing and member contributions are geared to members’ budgeting cycles.