Cyber remains a key concern
Risks for UK schools are changing and constantly evolving.
This is according to Ecclesiastical’s Education Risk Barometer 2020 report entitled ‘Weathering the perfect storm: risks and opportunities facing the education sector,’ which revealed these risks in a bid to help brokers cater to education clients.
Cyber insurance remains an important consideration for schools as they are becoming increasingly tech-savvy, they also become a target for cyber criminals.
This also includes public liability and employer liability.
Faith Kitchen, education director at Ecclesiastical told Insurance Times: “It’s important for brokers to understand the risks and issues facing schools so they can respond to their customers with greater empathy and knowledge, as well as providing informed support as they help their clients navigate their emerging risks.”
The survey of 348 senior teachers in UK primary and secondary schools during June 2019, found that 42% believed a lack of funding in education technology is a huge barrier for schools.
This differs between sectors with a lack of digital capability and skills among teachers being an obstacle, this was 42% in private sectors and 32% in state schools.
Lack of in-house knowledge about online safety, privacy and data security was a concern for 33%, this was consistent across all sectors.
Infrastructure issues were also an issue with slow internet, outdated internal network or devices as a major concern (33%) in independent/private sectors.
Ecclesiastical insures more than 2,000 schools equating to about 10% of the overall market.
Around half of these are independent schools, as well as voluntary aided schools, special schools, foundation schools and academies.
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