The Office of Risk Management and Insurance is responsible for:
The procurement and management of general liability, property, and student insurance (exclusive only of Workers Compensation).
Assisting units in the management of their risk through:
- planning what work must be done to protect Cornell against the adverse effects of accidental losses.
- organizing personnel and other resources to carry out this work.
- leading personnel throughout Cornell to motivate them in their responsibilities relative to risk management.
- controlling Cornell’s risk management program and evaluating its effectiveness.
- coordinating the experts in the areas of safety, security, law, claims administration, and finance in addressing claims, potential claims, and litigation against the University.
- making decisions relative to the risks that the University encounters in its operations.
We facilitate the risk management decision-making process:
- Identify risks that can prevent Cornell from achieving its’ strategic goals
- Analyze the potential impact on Cornell should a loss occur.
- Evaluate and select appropriate risk control and/or risk financing techniques.
- Implement the controls and/or techniques
- Review and monitor the effectiveness of the implemented controls and/or techniques.
We provide advice on specific risk management topics:
- Assumption of Risk and Hold Harmless Agreements
- Strategic Risk Planning
- Insurance Purchase and Management
- Certificates of Insurance
- Claims Management
- Contract Review and Modification
- Liability Release Agreements
- Minors Programs
- Cost Allocation (Insurance Billing)
- Disclaimer Forms
- Employing Individuals Outside Of New York State and Internationally
- Event Review
- International Insurance and Contracts Management
- Use of Vehicles for University Business
- University Policies
- Volunteer Requests