GRANT HELPS BUTLER CREATE STUDENT-RUN INSURANCE COMPANYThe Butler University College of Business will establish a student-run insurance company with the goal of having the company fully operational by the 2019–2020 academic year, thanks to a $250,000 gift from MJ Insurance and Michael M. Bill. The Butler business, known as a “captive insurance company,” will insure certain programs at Butler, perhaps including the live mascot, Butler Blue III, or physical damage to University vehicles. College of Business Dean Steve Standifird said the idea behind the internal insurance company is to give students hands-on experience and prepare them for an industry that expects to need tens of thousands of new employees over the next seven years to replace workers who will be retiring. Read the full article here: http://news.butler.edu/blog/2015/08/insurance-company/
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