The Risk Management Department at Yale will provide integrated management of financial and traditional risk, including the identification, evaluation, and measurement of the impact to Yale, and the selection and maintenance of various solutions to mitigate risk. There are many departments at Yale involved with risk exposures and safety, but developing a coordinated response is the responsibility of Risk Management. The Risk Management department will achieve this by:

• Acting as a resource to the University Community on issues such as Risk Identification, Loss Prevention, Life Safety, Premises Liability, Automobile Liability, and Claims Recovery.
• Collecting exposure and claims data
• Analyzing the information proactively and reactively for specific incident trends or categories.
• Developing cost containment and loss control programs and policies to address trends
• Reviewing contract language, including insurance requirements, indemnification, subrogation and hold harmless clauses
• Purchasing and maintaining a competitive insurance program
• Distributing automobile identification cards
• Distributing certificates of Insurance
• Negotiating and settling property, liability and automobile claims, either in house, or in conjunction with third party claims administrators, and/or defense counsel
• Analyzing alternative risk transfer and risk financing methods
• Performing Accident Investigation and Loss Prevention training, including Driver Awareness Training
• Creation and distribution of Executive Reports