August 13, 2004
College Football - injuries don't have to end a career
In the early days of underwriting merchant ships would compile a list of their cargo and hopefully someone would write their name under the list and insure their safe passage, hence the name underwriter. There's a not-so-new trend in underwriting, and it starts in college sports. This article by Gainesville.com talks about Keith Lerner, one of the underwriters that has been underwriting college athletes for 15 years. In the event that an injury prevents an athlete from reaching their professional potential, Lerner comes to the rescue. This type of insurance is growing and is setting its sites on high school sports next.
Posted by Tom Troceen