Overview

One of the more demanding settings for risk managers is found on the campuses of colleges and universities. What business deals with exposures such as construction, lab and scientific experiments, athletic programs, foreign operations, summer camps, health care centers, security details, transportation services (including student drivers), and day care centers, athletics, Greek organizations?  In our opinion, a school’s greatest exposures lie with its human capital — “young” human capital.

How do you manage higher education risks?
Selecting an appropriate risk management strategy is like comparing colleges and universities. Which is best — maybe an Ivy League university, a small private college, or perhaps a state school? What is the right choice? One can’t generalize. It comes down to a comparison of specific departments and individual professors. In other words, it comes down to people. One can achieve an excellent education at any of these type schools. It all depends on engaging the right resources.