University of Southern Indiana
Mission

Risk Management Policy Statement

  • To implement and use a risk management process to identify, measure and control or finance risk of loss. The most cost efficient methods will be selected and these will be monitored and adjusted as needed.
     
  • To eliminate or control practices and conditions that cause loss.
     
  • To assume or retain risks of loss of a predictable and non-catastrophic nature that will not adversely impact the operating budgets or financial position of the University.
     
  • To transfer, through contract or insurance, those catastrophic risks that cannot be appropriately financed internally at an acceptable cost, with self insurance retention levels based upon a capacity to bear loss analysis.
     

General Overall Charge
Identify and analyze areas of risk/exposure and make recommendations for appropriate levels of risk retention (self-insurance) and risk transfer (insurance) and loss control measures.


  • © 2014 University of Southern Indiana
  • 8600 University Blvd.
  • Evansville, IN 47712
  • 812-464-8600
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