CONWAY, Ark. (October 4,
2017) – Hendrix College President William M. Tsutsui has been named to a term
on the board of directors for Educational & Institutional Insurance
Administrators, Inc. (EIIA), a nonprofit provider of insurance and risk
management services for small liberal arts institutions of higher education.
His first meeting of the board will take place in March 2018.
“EIIA was formed in the
1960s by the Methodist Church to assist Historically Black Colleges and
Universities in getting access to the insurance market, so it is fitting that
we look to another UMC institution such as Hendrix College to fill this critical
role in serving our members,” said Jeffery M. Wolf, president and CEO of EIIA.
“Dr. Tsutsui is well-respected among other members of our board. He will bring
an invaluable breadth of knowledge and perspective to the board as EIIA looks
to create new programs and services to address the many organizational risks
facing higher education today.”
The EIIA board of directors
meets twice each year and includes college presidents, business officers, and
two independent directors. In addition to the board’s leadership, a 30-member
advisory council of college chief financial officers provides guidance on
specific insurance needs of higher education institutions.
Hendrix is among the more
than 140 private institutions across multiple religious affiliations with insurance
protection through EIIA. The organization offers a Property and Casualty
Program, an Employee Benefit Program, and a Student Insurance Program.
Based in Chicago, Illinois, EIIA
provides insurance and risk management services to its member colleges,
universities, and seminaries. With its unique history, EIIA has extensive
knowledge and experience to provide its members with innovative programs to
meet their insurance and risk management needs. EIIA was founded in the 1960s
for the purpose of serving Historically Black Colleges and Universities (HBCUs)
affiliated with the United Methodist Church at a time when prejudice placed
quality insurance out of their reach. In 1976, it was formally incorporated as
a not‐for‐profit organization to provide innovative
insurance programs, combined with group purchasing and risk management
services. Today, EIIA serves its more than 140 independent members with the
same mission‐minded tenacity and a commitment to equity
and justice. To learn more, visit www.eiia.org.
A private liberal arts
college in Conway, Arkansas, Hendrix College consistently earns recognition as
one of the country’s leading liberal arts institutions, and is featured in Colleges That Change Lives: 40 Schools That
Will Change the Way You Think About Colleges. Its academic quality and
rigor, innovation, and value have established Hendrix as a fixture in numerous
college guides, lists, and rankings. Founded in 1876, Hendrix has been
affiliated with the United Methodist Church since 1884. To learn more, visit www.hendrix.edu.