Risk Protection Arrangement (RPA)
Why the RPA was introduced
DfE introduced RPA on 1 September 2014 following the publication of an independent analysis of RPA. The report showed that it would be cheaper for academy trusts if the UK government covered risks instead of commercial insurers.
RPA aims to protect academy trusts against losses due to any unforeseen and unexpected event.
Academy trusts can opt in to the scheme before they convert or before their current insurance arrangements come to an end.
Funding and cover
RPA covers all risks normally included in a standard school’s insurance policy.
You can find details of what RPA covers in the membership rules for the RPA. The DfE consulted widely with multi-academy trusts and other stakeholders to create the membership rules.
From 17 December 2015 to 31 January 2016, they ran a consultation on proposed changes to the membership rules and the way we fund RPA.
DfE are introducing changes to the RPA from September 2016 as a result. As part of these changes, they are reducing the amount of funding deducted from academies’ general annual grant (GAG) to cover RPA from £25 to £20 per pupil. Read the full government response to the consultation for more details.