University of Southern Indiana


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 management be it through retention (self-insurance) and risk transfer (insurance) and loss control measures.

Contact John Hunt


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