2026-05-15T13:32:29-05:00 2025-06-30 PwC US Tax LLP 2001 MARKET STREET SUITE 1800 PHILADELPHIA PA 19103 990 2024-07-01 204687937 ACADEMIC PARTNERS INSURANCE COMPANY % JEROME HOUIZOT ACAD 8028645599 100 BANK STREET Suite 630 BURLINGTON VT 05401 JEROME HOUIZOT TREASURER 8028645599 2026-05-15 true true JOANNE KRUEGER P01235586 2673303000 2026-05-13 2024 2025-03-06 01:10:19Z JEROME HOUIZOT 100 BANK STREET SUITE 630 BURLINGTON VT 05401 87514639 false X N/A X 2006 VT THE ORGANIZATION SUPPORTS THE UNIVERSITY OF OKLAHOMA & AFFILIATED ENTITIES. 5 0 0 0 0 0 0 0 23106002 27033431 2129855 4730594 0 0 25235857 31764025 0 0 0 0 0 0 0 0 0 20566139 26083593 20566139 26083593 4669718 5680432 112206115 114343268 91257074 86384815 20949041 27958453 X THE COMPANY IS ORGANIZED AND OPERATED FOR THE EXCLUSIVE PURPOSE OF SUPPORTING THE UNIVERSITY OF OKLAHOMA'S & ITS AFFILIATED ENTITIES ACADEMIC, EDUCATIONAL, RESEARCH, CLINICAL CARE, AND INDIGENT CARE MISSIONS. ACCORDINGLY, ITS SERVICES ARE LIMITED TO PROVIDING PROFESSIONAL, GENERAL, AND OTHER INSURANCE COVERAGE AND RELATED SERVICES TO THE UNIVERSITY AND ITS AFFILIATES. false false 25600320 0 27033431 ACADEMIC PARTNERS INSURANCE COMPANY PROVIDES COVERAGE TO MEDICAL PROFESSIONALS AND RELATED HOSPITAL ENTITIES OF THE UNIVERSITY OF OKLAHOMA, A TAX-EXEMPT ORGANIZATION. THE INSURANCE COVERAGES PROVIDED ASSIST THE UNIVERSITY AND HOSPITAL SYSTEM IN STABILIZING THEIR INSURANCE COSTS. THE UNIVERSITY OF OKLAHOMA IS OKLAHOMA'S PREMIER HIGHER EDUCATION INSTITUTION, AND WITH ITS RELATED HOSPITAL PARTNER, SERVES THE EDUCATIONAL AND HEALTH CARE NEEDS OF THE STATE AND SURROUNDING REGIONS. ACADEMIC PARTNERS INSURANCE COMPANY PROVIDES COVERAGE RELATED TO LIABILITY OF FACULTY PHYSICIANS, RESIDENT PHYSICIANS, MID-LEVELS AND STUDENTS, AS WELL AS A LARGE ACADEMIC HOSPITAL SYSTEM. COSTS ASSOCIATED WITH PROVIDING INSURANCE COVERAGES ARE IN FURTHERANCE OF THE ORGANIZATION'S TAX-EXEMPT PURPOSE OF SUPPORTING THE UNIVERSITY OF OKLAHOMA. 25600320 true false false false false false false false false false false false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 3 0 true 0 false false false false false false false false false false false false X 5 0 false true false false true true true true true false false true true true true false false false false false X JEROME HOUIZOT 8028645599 100 BANK STREET SUITE 630 BURLINGTON VT 05401 JAMES M WATSON DIRECTOR 1.0 40.0 X X 0 1060136 71734 MICHAEL S COOKSON MANAGING DIRECTOR 1.0 40.0 X X 0 954883 67900 PAUL NEIMEYER DIRECTOR 1.0 40.0 X 0 574212 53500 CAROLYN KLOEK DIRECTOR 1.0 40.0 X 0 535447 46000 JEROME HOUIZOT TREASURER 1.0 40.0 X 0 280154 58704 ANNIKA PREISS SECRETARY (UNTIL EARLY 2025) 1.0 0.0 X X 0 0 0 DIANE HANSON SECRETARY (AS OF EARLY 2025) 1.0 0.0 X X 0 0 0 0 3404832 297838 0 false true false PERFORMA LIMITED 1080 MORRISON DRIVE CHARLESTON SC 29403 INVESTMENT MGMT 174282 AON INSURANCE MANAGERS USA INC 100 BANK STREET SUITE 630 BURLINGTON VT 05401 MANAGEMENT 137550 MARSH MANAGEMENT SERVICES 463 MOUNTAIN VIEW DRIVE SUITE 301 COLCHESTER VT 05446 124346 3 0 PREMIUMS EARNED 524298 27033431 27033431 27033431 2600945 2600945 0 0 0 0 0 57880263 55750614 2129649 2129649 2129649 0 0 0 0 0 0 0 0 0 0 31764025 27033431 4730594 0 0 0 0 0 0 0 0 0 0 413608 310205 103403 0 12868 0 12868 0 61367 0 61367 0 0 0 42137 0 42137 0 250692 95304 155388 0 0 0 0 0 0 15913 15913 0 0 0 0 0 0 0 0 0 0 LOSSES AND EXPENSES 25178898 25178898 0 0 PREMIUM TAXES 107075 0 107075 0 DUES AND SUBSCRIPTIONS 1035 0 1035 0 26083593 25600320 483273 0 0 0 3663081 24943993 0 0 6684604 7171711 0 0 0 0 0 0 0 0 69857 91282 0 0 65577364 63353400 7508520 0 0 0 0 0 28702689 18782882 112206115 114343268 371646 499554 0 0 0 0 0 0 0 0 0 0 0 0 0 0 90885428 85885261 91257074 86384815 X 0 0 0 0 20949041 27958453 20949041 27958453 112206115 114343268 5680432 1328980 X false true X true false X X 2 BOARD OF REGENTS OF THE UNIVERSITY OF OKLAHOMA 731377584 2 true 0 0 OU MEDICINE INC 821883948 3 false 0 0 2 0 0 true false false false false false false false false false false false false false false false PART I, LINE 12G - SUPPORTED ORGANIZATION IN RETURN FOR PREMIUMS PAID FOR INSURANCE COVERAGE, THE ORGANIZATION ADMINISTERS AND PAYS LIABILITY CLAIMS ON BEHALF OF OU MEDICINE. TOTAL NET EARNED PREMIUMS OF ACADEMIC PARTNERS INSURANCE COMPANY FOR THE YEAR ENDED JUNE 30, 2025, WERE $27,033,431 AND TOTAL INCURRED LOSSES AND LOSS ADJUSTMENT EXPENSES FOR SUCH YEAR WERE $25,178,898. PART IV, SECTION C, LINE 1 - MAJORITY DIRECTOR DETAIL CONTROL OF APIC, AS WELL AS ITS SUPPORTED ORGANIZATIONS - THE UNIVERSITY OF OKLAHOMA AND OU MEDICINE, INC., IS ULTIMATELY VESTED IN THE STATE OF OKLAHOMA. ACCRUED INTEREST 248627 OTHER ASSETS 18534255 18782882 0 CASH RESERVES (NET OF REINSURANCE) 27137166 DUE TO RELATED PARTIESIBNR (NET OF REINSURANCE) 40213840 REIN RECOVERABLE ON UNPAID LOSSES 18534255 85885261 X 33093005 1328980 1328980 31764025 31764025 26083593 26083593 26083593 PART X, LINE 2 THE COMPANY ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC 740 "INCOME TAXES", WHICH PROVIDES A FRAMEWORK FOR HOW COMPANIES SHOULD RECOGNIZE, MEASURE, PRESENT AND DISCLOSE UNCERTAIN TAX POSITIONS IN THE FINANCIAL STATEMENTS. THE COMPANY MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE COMPANY HAS NO UNRECOGNIZED TAX BENEFITS AS OF AND FOR THE YEARS ENDED JUNE 30, 2025 AND 2024. THE COMPANY DOES NOT BELIEVE IT IS REASONABLY POSSIBLE THAT ITS UNRECOGNIZED TAX BENEFITS WOULD MATERIALLY CHANGE IN THE NEXT TWELVE MONTHS. IN THE EVENT THE COMPANY IS EVER SUBJECT TO FEDERAL INCOME TAXES, ITS POLICY WOULD BE TO RECOGNIZE INTEREST AND PENALTIES RELATED TO INCOME TAXES AS A COMPONENT OF GENERAL AND ADMINISTRATIVE EXPENSES. AS OF JUNE 30, 2025 AND 2024, THE COMPANY DID NOT RECORD ANY INTEREST OR PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS. ALL TAX YEARS FROM FISCAL YEAR 2018 AND FORWARD ARE OPEN AND SUBJECT TO EXAMINATION. false false false false false false false false MICHAEL S COOKSON MANAGING DIRECTOR 0 393527 0 557000 0 4356 0 53775 0 14125 0 1022783 0 0 JAMES M WATSON DIRECTOR 0 701182 0 347564 0 11390 0 51051 0 20683 0 1131870 0 0 PAUL NEIMEYER DIRECTOR 0 474863 0 90560 0 8789 0 53500 0 0 0 627712 0 0 CAROLYN KLOEK DIRECTOR 0 475804 0 57869 0 1774 0 46000 0 0 0 581447 0 0 JEROME HOUIZOT TREASURER 0 246632 0 32078 0 1444 0 30500 0 28204 0 338858 0 0 PART I, LINE 3 NET REALIZED GAINS ON SECURITIES HELD FOR SALE CENTER AND OU MEDICINE INC., DETERMINE COMPENSATION USING A COMPENSATION COMMITTEE, COMPENSATION SURVEYS AND THE APPROVAL OP THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION CONTRACTS WITH AON AND MARSH CAPTIVE SERVICES TO RECEIVE SPECIALIZED INSURANCE AND MANAGEMENT SERVICES. ANNIKA PREISS, WHO SERVED AS SECRETARY AND DIRECTOR OF THE ORGANIZATION UNTIL EARLY 2025, IS A SENIOR VICE PRESIDENT AT MARSH CAPTIVE SERVICES. DIANE HANSON, WHO SERVES AS SECRETARY AND DIRECTOR OF THE ORGANIZATION, IS A MANAGING DIRECTOR AT AON. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S SOLE MEMBER IS OU MEDICINE, INC, D/B/A OU HEALTH, AN OKLAHOMA NONPROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A CERTAIN BOARD MEMBERS HOLD THEIR POSITION AS DIRECTORS OF THE ORGANIZATION BY VIRTUE OF THEIR POSITION AT THE OU HEALTH AND/OR OU HEALTH PARTNERS. FURTHER, OU HEALTH RESERVES THE RIGHT OF ELECTION OR APPOINTMENT OF ANY DIRECTORS OF THE CORPORATION (I) OTHER THAN THOSE WHO SERVE EX OFFICIO, AS DESIGNATED IN ARTICLE III, SECTION 2, AND (II) SUBJECT TO THE PROCEDURES SET FORTH IN ARTICLE III, SECTION 3 OF THE BYLAWS, FORM 990, PART VI, SECTION A, LINE 7B ACCORDING THE TO ORGANIZATION'S BYLAWS, THE SOLE MEMBER HAS THE FOLLOWING RIGHTS: -THE AMENDMENT, RESTATEMENT OR REPEAL OF THE ARTICLES OF INCORPORATION OF ORGANIZATION AND THE BYLAWS; -THE ELECTION OR APPOINTMENT OF ANY DIRECTORS OF THE ORGANIZATION (I) OTHER THAN THOSE WHO SERVE EX OFFICIO, AS DESIGNATED IN ARTICLE III, SECTION 2, AND (II) SUBJECT TO THE PROCEDURES SET FORTH IN ARTICLE III, SECTION 3; -THE MERGER, CONSOLIDATION OR DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE ORGANIZATION; -THE DISSOLUTION, LIQUIDATION, OR TERMINATION OF THE BUSINESS OF THE ORGANIZATION; -A MATERIAL CHANGE IN THE PURPOSES FOR WHICH THE ORGANIZATION WAS FORMED; AND -THE FILING OF A VOLUNTARY PETITION UNDER ANY LAW HAVING FOR ITS PURPOSE THE ADJUDICATION OF THE ORGANIZATION AS BANKRUPT OR INSOLVENT OR THE TAKING OF ANY ACTION WITH RESPECT TO THE REORGANIZATION OR LIQUIDATION OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDES COPY OF FORM 990 TO ALL DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AT EACH ANNUAL MEETING, CONFLICT OF INTEREST FORMS ARE COLLECTED FROM EACH OFFICER AND DIRECTOR OF THE ORGANIZATION AND REVIEWED FOR POTENTIAL CONFLICTS. DIRECTORS ARE REMINDED THAT IF THERE ARE CHANGES DURING THE YEAR, THEY ARE RESPONSIBLE TO COMMUNICATE THESE CHANGES TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. BOARD OF REGENTS OF THE UNIVERSITY OF OK PO BOX 26901 OKLAHOMA CITY OK 73190 731377584 EDUCATION OK 501(C)(1) NA false UNIVERSITY OF OKLAHOMA HEALTH SCIENCES 1200 CHILDRENS AVENUE OKLAHOMA CITY OK 73104 732563627 EDUCATION OK 501(C)(3) LINE 12A, I NA false OU MEDICINE INC 920 STANTON L YOUNG BLVD SUITE 2320 OKLAHOMA CITY OK 73104 821883948 MEDICINE OK 501(C)(3) LINE 3 NA false false false false false false false false false false false false true true false false false false false false