Higher Education: Manage Critical Risk Areas
Why Read This
In recent years, the rising cost of claims has highlighted the importance of managing the most critical risks in education. However, resource constraints force institutions to prioritize the most critical risks when developing a risk management strategy.
This report — based on quantitative and qualitative data as well as United Educators’ (UE’s) risk management and claims experience — highlights common risk management vulnerabilities and opportunities for six liability risks that represent some of UE higher education members’ largest loss areas. It includes leadership-level questions to help monitor risk mitigation performance and identify additional risk mitigation opportunities.
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