Protect value
today to seize opportunity in the futureIn today’s ever-changing business environment of market
complexity, globalization and increasing investor expectations, managing risk
while protecting value is more important than ever.
Grant Thornton LLP’s Business Risk Services professionals are progressive thinkers who can help you predict, prepare, protect, manage and respond to risk. Integrating risk strategy into the overall business strategy can help protect companies and provide the solid foundation they need to grow and transform.
Our Business Risk Services practice covers three core areas:
Risk advisory servicesRisk advisory services help clients define and execute their business strategy in alignment with their overall risk appetite. Our professionals deliver innovative and holistic risk management programs and solutions to address strategic, operational, financial reporting, regulatory, compliance and cyber risks.
Forensic advisory servicesWhether you are facing whistleblower allegations, regulatory scrutiny, complex litigation or corruption across the globe, our forensic advisory services team can help provide the clarity you need to manage adversity, protect value and return to normal operations.
Grant Thornton LLP’s Business Risk Services professionals are progressive thinkers who can help you predict, prepare, protect, manage and respond to risk. Integrating risk strategy into the overall business strategy can help protect companies and provide the solid foundation they need to grow and transform.
Our Business Risk Services practice covers three core areas:
Risk advisory servicesRisk advisory services help clients define and execute their business strategy in alignment with their overall risk appetite. Our professionals deliver innovative and holistic risk management programs and solutions to address strategic, operational, financial reporting, regulatory, compliance and cyber risks.
Forensic advisory servicesWhether you are facing whistleblower allegations, regulatory scrutiny, complex litigation or corruption across the globe, our forensic advisory services team can help provide the clarity you need to manage adversity, protect value and return to normal operations.
Attest ServicesAssessing needs and developing solutions to satisfy the full range of compliance and reporting mandates, including needs and solutions related to System and Organization Controls (SOC) reports and other special attestation reports.
Quickly locate and communicate with your employees
wherever they are
Concur Locate provides a powerful employee risk
management and safety communication solution that allows you to make sure your
employees are safe, no matter where they are.
Identify risks and assess their impact
Pinpoint employees’ locations and know their travel
plans using machine learning
Leverage multiple options for two-way
communications
Deploy local response teams if necessary
COLLEGE INSURANCE & RISK MANAGEMENT
The Vice President for Finance and Administration
is responsible for risk management on campus and manages the insurance coverage
for the college's property, general liability, and automobile policies.
INSURANCE PROVIDERS
The primary provider for property and casualty
insurance is EIIA, Inc. (Educational
and Institutional Insurance Administrators, Inc.) in Chicago, Illinois. EIIA, a
not-for-profit organization, provides risk management services to a consortium
of more than 130 institutions of higher education. Eric Little with Corporate
Risk Management, Inc. is the college's insurance consultant.
RISK MANAGEMENT
Overall risk management is a joint endeavor with
the departments of Human Resources, Physical Plant, and Public Safety. Workers'
Compensation, health and accident insurance, life insurance, and long-term
disability insurance for employees are the responsibility of Human Resources. Physical Plant is responsible for
campus property, buildings, and Motor Pool vehicles as well as environmental
safety and training. Accident reports for crimes or incidents occurring
on campus are provided by officers with Public Safety.
ACCIDENT REPORTS
Any type of accident on campus or an incident
involving theft or property damage should be reported to Public Safety at
704-894-2178. A copy of the incident report will be forwarded to Finance and
Administration to determine whether a claim needs to be initiated.
AUTOMOBILE CLAIMS
Each Motor Pool vehicle has an accident report form
and an insurance ID card in the glove compartment with instructions on what the
driver should do in case of an accident. The department that is paying for the
use of the Motor Pool vehicle is responsible for the $500 deductible on a
claim. Employees traveling on college business who lease a rental car should
decline the additional insurance offered by car rental agencies. Employees
should refer to the Official Travel Policy on Inside Davidson for
more information. Insurance follows the automobile so, for an employee
driving a personal car on college business, the personal insurance policy is
primary.
CERTIFICATES OF INSURANCE
All outside vendors, contractors, and caterers that
are working on campus must provide Davidson College with a Certificate of
Insurance showing evidence of general liability coverage and naming Davidson
College as additional insured on the policy. If a college department is asked
to provide a Certificate of Insurance to an off-campus vendor or venue,
please contact the Office of Finance & Administration with 1) dates,
description of event or activity, and coverage required and 2) complete mailing
address and contact name, along with phone number and e-mail address, for the
company or venue. A Certificate will be generated electronically and emailed to
the department, usually within 24 hours.
FOREIGN TRAVEL
Davidson College employees traveling out of the
country on college business, or faculty and students traveling on a Study Abroad program,
are provided at no cost with international emergency travel
assistance insurance through EIIA.
SUMMER PROGRAMS
Three summer programs sponsored by the college are
provided with accident coverage for the summer campers. The policy covers July
Experience, Day Camp at the Lake, and Freedom Schools. The insurance helps
cover medical costs related to accidents that may occur to participants during
camp.
RISK MANAGEMENT IMPLEMENTATION
GUIDELINE
This guide is primarily aimed at those
involved in planning, launching and implementing a risk management (RM) process. It follows to disclose
that there is no one correct process.
This guide draws private and public entities
and higher education institutions best practices and is not prescriptive.
The purpose of this guide is to highlight the
key issues that the college needs to consider in planning and developing its RM
processes.
Whatever stages the college has reached in
implementing RM processes, this guide helps taking stock of what has been
achieved so far, and to plan ahead effectively
The Center for Risk Management (formerly the
Risk Management Institute) at College of the Mainland invites you and your
staff to attend health and safety classes held at our facilities with no
enrollment fee. We have received generous support from the Texas Mutual
Insurance Company to educate workers about occupational safety. These classes
provide related materials to keep for future reference. The courses are
excellent for organizations to update or include in their internal training.
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