King’s Council to un-incorporate?
By Marshall Bellamy
Excessive insurance costs and liability issues may force the
King’s College Students’ Council to un-incorporate
itself and possibly take on a closer relationship with the
University Students’ Council.
According to KCSC President Mike Heilandt, the KCSC has no
insurance policy of its own but pays into — and is under — the
USC insurance plan for the director and officer insurance and
non-alcoholic liability insurance. However, in order to be
covered by the alcohol liability insurance, he said the KCSC
may consider un-incorporating.
“It has gotten to the point that it has seriously impeded
our ability to function,” Heilandt said of the high insurance
costs for running Wet events. “The heyday of student
council is over; people need to realize that.” Heilandt
will be presenting a motion to that effect to the KCSC.
“If we’re going to insure another corporation,
you want to ensure you have controls over it so you can manage
your risks,” explained USC general manager Mark Sellars,
adding no firm plans have been made with the KCSC, therefore
un-incorporating them cannot be ruled out. Sellars stressed
the need to balance managerial independence and risk.
Heilandt explained that there is another option for the KCSC,
which would see the council attempt to take out its own insurance
policy; however, he said the cost for the insurance could be
anywhere between $30,000 and $50,000.
“I don’t think they’d even get insurance
coverage because they don’t have any full-time staff,” said
USC comptroller Karen Jackson, citing the need for an employee
to do the work for keeping an insurance policy.
Jackson explained that because King’s students are paying
$1 on average for the director and officer insurance and liability,
there would be savings for Wet event insurance as well. “We
could apply on their behalf — they would get the benefit
of the fact that we are a big organization.”
“I think the better [option] would be getting our own
[insurance], but the question is how much we are going to pay,” said
KCSC VP-events Mike Breech. “We can get it under the
USC, but we’d have to un-incorporate,” he added.
“I see problems with us being under the USC,” said
King’s Orientation co-ordinator and former KCSC VP-events
Lindsay McGowen. “Trying to let another council over
top of you is not a good idea.”
McGowen explained that the KCSC’s relationship with
the administration at King’s is good, so there could
be a third option of seeking their support. “I think
it’s an option because we do have that tie.”
“As a council, it is much easier to maintain the status
quo — what we need to learn is that change is not that
bad,” Heilandt said.