- It is with great sadness that we inform you of the passing of William Herman, NJSIG Board of Trustees Member and President of the Millville Board of Education. Arrangements are currently pending with Barr Funeral Home in Millville, NJ. Our thoughts and prayers are with the Herman family during this difficult time. Bill was a valued member of the NJSIG family and will be greatly missed.
Getting to Know NJSIG
Unlike traditional insurance companies, NJSIG is member owned and controlled. A Board of Trustees who represents the member school districts governs the NJSIG program. The staff of NJSIG is solely dedicated to the needs of our members. They bring a high degree of expertise in school insurance coverages, and they have specialized knowledge of the statutes and immunities that impact school district losses.
Because NJSIG is owned by the member school districts, this means that members also enjoy an ownership interest in the Group. The Group is organized as a New Jersey non-profit organization, and the Group equity is owned by the members and distributed as dividends. Profits do not go to an out-of-state corporation.
NJSIG provides more than insurance protection. At no extra cost, field services are available to your school district including assigned loss control engineers, claims investigators and rehabilitation nurses.
NJSIG currently serves approximately 400 New Jersey school districts. This group purchasing power provides cost advantages that are shared by all members.
NJSIG is a non-profit public entity founded in 1983 by the New Jersey School Boards Association