WA State Transit Insurance Pool

InsuranceWashington, United States11-50 Employees

The Washington State Transit Insurance Pool consists of 25 Washington public transit agencies that pool their resources in order to provide and purchase insurance coverage, manage claims and litigation, and receive risk management and training. Public entity insurance pools, such as WSTIP, are allowed under RCW 48.62 and utilize an Interlocal Agreement and Bylaws to link members together. WSTIP is regulated by the Washington State Risk Manager’s Office (part of the Office of Financial Management) and is audited by the Washington State Auditor’s Office. A Board of Directors consisting of at least one representative from each member governs WSTIP. WSTIP is also recognized as a leader in public pooling by the Association of Governmental Risk Pools.

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