# WEA Insurance

WEA Insurance is an Insurance based in Madison, United States.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Madison, United States
- **Region:** North America
- **Address:** 45 Nob Hill Road, Madison, WI 53713, United States
- **Founded:** 1970
- **Assets under management:** Undisclosed
- **Website:** weatrust.com
- **LinkedIn:** https://www.linkedin.com/company/wea-trust

## Regulatory record

- **Reports private funds:** No

## About

WEA Insurance is a US-based insurance company with headquarters in Madison. It oversees approximately $793 million in assets across two funds, primarily focused on North America.

## Sectors

- Healthcare Services
- Insurance

## People

- Michael Quist — CEO and President
- Vaughn Vance — Former CEO

## Questions

### What is WEA Insurance's relationship to the Wisconsin Education Association Council?

WEAC formed WEA Insurance in 1970 to serve as a self-funded health insurance trust for public school district employees. The trust operates as a separate legal entity but retains ties to the education labor movement through its governance and mission. WEAC's founding purpose was to give educators collective control over their health benefits rather than relying on commercial carriers.

### How does WEA Insurance invest its general account?

The trust deploys a multi-asset strategy across public equities, fixed income, real estate, and private-market allocations. The portfolio is structured to match long-duration health-benefit liabilities, balancing growth-seeking assets with substantial allocations to investment-grade bonds and real property. Specific holdings and asset-allocation targets are not publicly disclosed.

### Does WEA Insurance manage retirement assets in addition to health insurance?

Yes. The organization maintains the WEA Member Benefit Trust and the WEA Tax Sheltered Annuity Trust, both of which serve as accumulation vehicles for Wisconsin public school employees. These are separate pools from the health insurance general account and offer tax-advantaged retirement saving structures to members.

### Who runs investment decisions at WEA Insurance?

The trust employs an internal investment team overseen by senior management, with CEO and President Michael Quist holding ultimate executive authority. The organization does not publicly disclose the names of individual portfolio managers or the composition of its investment committee. Investment governance reports to the board, which is rooted in the Wisconsin education community.

### Does WEA Insurance take outside investors or open its funds to the public?

No. The trust is closed to outside capital. Its investment pools are funded entirely by premiums from participating Wisconsin school district employees and by accumulated retained earnings. It does not offer funds, managed accounts, or insurance products to the general public or to institutional investors outside its designated membership.

## Related profiles

- [Wea Financial Advisors](https://altss.com/profile/wea-financial-advisors)
- [WEALINS](https://altss.com/profile/wealins)

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Last updated: 2026-06-03T20:00:00.000Z

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