James R. Favor
The James R. Favor Insurance Company’s principal focus is the collegiate Greek community. The company developed the first fraternity programs in the early 1980’s, and since then James R. Favor has successfully handled more than 6,000 claims involving more than $60,000,000 insurance recoveries for the fraternal community. Lambda Chi Alpha and six other fraternities purchased James R. Favor in 2006. The underwriter for James R. Favor is Lloyd’s of London.
The need for insurance is critical to the Greek life community today. The umbrella coverage and relationship with James R. Favor has allowed us to focus more effort to be proactive instead of reactive. The James R. Favor Company continues to be the best provider of fraternity insurance. The staff at James R. Favor continue to educate the Greek world on the challenges facing fraternities and how to overcome them.
Lambda Chi Alpha works with James R. Favor during serious incidents involving the fraternity and property claims. Lambda Chi Alpha does not own fraternity houses. Lambda Chi Alpha is also participating in the Fraternal Health & Safety Initiative (FHSI). This program is an opportunity to educate our members on a variety of issues impacting college students today. These programs are: alcohol & other drug abuse prevention, hazing prevention/intervention & sexual misconduct prevention. To learn more about this educational program click here.
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