The Retired Indiana Public Employees Association (RIPEA) Board established an Insurance Trust in 2000 that has the legal authority and responsibility for all of RIPEA'S insurance products. The Trustees of the Trust approve any new insurance product and monitor all current insurance products.

Current Trustees of the Trust are:

Harold Woodruff, Chairman
Chris Bader, Member
Larry Buell, Member
John Galloway, Member
Morris Mills, Member