County governments are responsible for millions of dollars’ worth of public property. Routine county government activities such as road maintenance, law enforcement, and jail operations expose counties to frequent and sometimes large liability claims. Recognizing these risks, and after years of increasing costs to taxpayers and limited options, the Mississippi Association of Supervisors (MAS) formed the MAS Insurance Trust (MASIT) to provide Mississippi counties cost effective and broad insurance coverages. MASIT has been authorized to offer coverage by the Mississippi Tort Claims Board and the Mississippi Department of Insurance as a member-owned non profit entity. Each prospective county is individually underwritten and pays a premium based on its own exposures and loss history. In addition to premium savings, surplus member equity funds will remain invested right here in Mississippi thanks to MASIT's county owndership. Since its inception, MASIT has saved counties, therefore taxpayers, in excess of $20 million in premiums. With ongoing actuarial analysis and proven underwriting guidelines, MASIT provides a financially sound insurance option for Mississippi counties today and into the future.
In addition to its insurance program, MASIT offers comprehensive in-state claims handling, risk management programs, property appraisal services, and expert legal defense teams. Insurance claims involving Mississippi counties are unique and varied, requiring a select set of skills and expert handling so MASIT has selected a local third party claims administrator. The third party claims administrator's office is located in Jackson and has also handled the Mississippi Tort Claims Board business for several years. With proven expericence, our third party claims administator knows how to best protect the County. MASIT has selected experienced defense counsel across the state to litigate claims and to work the the third party claims adminitrator to yield positive outcomes for the County.
Our mission is to be the insurance provider of choice for our county government family.
- MASIT places coverage through local agents
- MASIT pays competitive commissions
- MASIT frequently offers counties better coverage at a lower price
- MASIT supports county member association activities on behalf of counties
- MASIT provides coverage tailored to county needs
- MASIT competitively solicits partners at cost savings to county members
- MASIT offers opportunity for member input into all aspects of program
- MASIT is 100% owned by county members
- MASIT offers actuary, appraisal, and loss control services to members at no extra cost
- MASIT’s retained earnings build equity for county members
- MASIT is amply reinsured to ensure financial stability
- MASIT offers county members power of collective buying power
Why Choose MASIT?
We are Local
From utilizing your county’s current agent of record, to claims administration and legal defense counsel, MASIT invests dollars right here in Mississippi.
MASIT offers a comprehensive policy that includes Property, Crime, POL, GL, LEL, Cyber and Auto coverages. Leased, Borrowed and Rented Equipment has automatic coverage up to $250,000 per occurrence. Historical Replacement Cost and Stated Limit Building Property Coverage Options are available for a tailored coverage approach.
No Cost Member Services
MASIT pays for costly appraisals of your counties’ building property. Regional Law Enforcement Liability and Employment Practices Liability training workshops and on-site Road Safety Risk Management seminars are regularly conducted at no cost to the member counties.
MASIT has saved counties over $20 million in premiums since we began offering coverage in 2014.
Click the appropriate link below to access a listing of MASIT contacts, download useful forms and obtain information about risk management opportunities for counties: