Risk Management provides support and consultation to students, faculty and staff on a wide range of matters that impact the well-being and financial health of the JPCatholic community.
The practice of risk management is to help protect the University both internally and externally from things that threaten its integrity. That includes the property, the assets, and the people. The Risk Manager applies the risk management model of risk identification, assessment, measurement, mitigation and monitoring. The work of the Risk Manager is essential to our ongoing success and is thus a vital University function.
JPCatholic is committed to developing and administering a comprehensive and professional risk management program for the entire University community. The University is a member of the University Risk Management and Insurance Association (URMIA.) The mission of this 523 member professional association is to promote the advancement and application of effective risk management principles and practices in institutions of higher education.
Risk Management Team
Risk Management is an inherently inter-departmental function - all University departments to support JPCatholic risk management goals.
Questions and comments concerning any issues potentially posing risk to the University should be addressed to any JPCatholic executive.
The goals of the JPCatholic Risk Management Team is to create a risk management culture throughout the University, providing resources that engage and empower community members in their quest to meet and exceed their educational goals and objectives of preeminence. This includes the operation of a comprehensive risk management program that contributes to the health, safety and protection of employees, students and visitors, while also protecting the University's physical and financial resources.
Our goal is to minimize the adverse effects of unpredictable events. Toward this end, we utilize a number of processes and tools that include, but are not limited to:
- Serve as a resource and provide consultation to University administrators and faculty on matters related to insurance and loss prevention.
- Serve as a resource and clearinghouse and provide consultation to student groups on risks associated with clubs, activities, and special events.
- Serve as a central portal that organizes and maintains a database on incidents, accidents and other loss-related events that impact or potentially impact University resources.
- Develop and/or coordinate programs for loss prevention and environmental health and safety consistent with the needs of the University.
- Coordinate one or more safety committees and an ongoing program of risk management and safety in-service education and training for University personnel.
- Support the Public Safety initiatives in maintaining sufficient and appropriate plans and resources necessary to assure a successful program of disaster preparedness and business continuity.
- Procure and maintain appropriate and competitively priced policies of insurance as needed to complement a well integrated risk management and insurance program for the University.
- Review insurance language in vendor and supplier contracts to control transfer of risk in a fiscally responsible manner.
- Review and approve Certificates of Insurance for vendors and facility users and maintain current database of insurance information.
- Respond to all property, liability and other casualty losses, initiating investigations and accomplishing the appropriate resolution of all claims.
- Coordinate the efforts related to employee, student, and visitor safety and security.
- Support the risk management needs of the Information Systems & Technology Department in protecting the hardware, software, and information that are essential to the operations of the University.
- Support the Human Resources Department in the development and administration of an effective Injury and Illness Prevention (IIP) Program and workers’ compensation insurance program for employees.
Risk Management is responsible for determining which risks inherent in JPCatholic’s operations are best managed by transferring to other responsible parties. This is generally done through the purchase of insurance policies from well-established and well-managed insurance companies. Some of the corporate assets protected by insurance include:
- General Liability
- Equipment Breakdown
- Inland Marine
- Educator’s and Employment Practices
- Workers’ Compensation
Risk Management conducts annual audits of our insurance needs and existing insurance programs to assure that the University maintains optimum, cost-effective protection from responsible, well-capitalized insurers.
Please contact the VP of Risk Management for further information including Evidence of Insurance (COI) requirements for Contractors/Vendors doing business with JPCatholic.
Waiver of Liability Agreements
An important risk management tool for any university is the use of Waiver of Liability Agreements. JPCatholic students, faculty and staff organize or are otherwise involved in a wide range of activities. These may range from low risk and routine to high risk and infrequent. A low risk activity might be something like a job fair, lecture, or charity benefit on campus. A high risk activity might be a swimming or diving event or international travel. Most activities fall in between those two extremes.
JPCatholic has a prescribed format for Waiver of Liability Agreement. In this document the Participant agrees that they have been informed of and understand the risks involved, agree to abide by any safety rules, and act in a non-negligent manner while participating in the activity described. Hold harmless and indemnification provisions are also included.
All off-campus events, activities and/or trips must be discussed with Risk Management in advance to evaluate the necessity for Waver of Liability.