Giving Back to Michigan's Educational Community

Choosing SET SEG means investing in a risk management company that invests in you. MASB-SEG Property/Casualty members enjoy a number of benefits unique to the Pool, including the Net Asset Return.

With over 50 years of experience supporting Michigan public schools, the experts at SET SEG have the knowledge and understanding of the risk management landscape to allow us to return funds back to our members, rather than focusing on profits.

“Each year, we evaluate what portion of net assets can be returned to members while maintaining the Pool’s financial stability,” said SET SEG Chief Financial Officer Amy Maneval. “If our members were insured by a commercial carrier, those dollars would go to shareholders rather than back to the school district.”

Thanks to SET SEG’s financial stability, we are proud to offer this return to members year after year, giving back more than $170 million to our members since the program’s inception.