The Office of Risk Management assists units with the review and negotiation of appropriate insurance requirements within contracts and agreements. Contracts between the University and other entities should address risk allocation through insurance requirements. In most agreements, one party has control of the activity and typically should maintain adequate insurance to protect both parties. For more information please see the Office of Risk Management Intranet Web Site.
Contractual Insurance Required by the University
Sometimes, the appropriate allocation of risk results in the University maintaining insurance. When the University is renting space or hosting an event away from the University, we will generally be required to show proof of insurance. The Office of Risk Management should review any contractual insurance terms put on the University to ensure the University can meet the contractual insurance obligations and that the unit is in compliance with the contract provisions. For more information please see the Office of Risk Management Intranet Web Site.