The Office of Risk Management & Insurance (RMI) is committed to delivering the highest quality risk management and insurance services to advance the University’s mission of being a world-class institution of higher learning and research.
The Office of Risk Management and Insurance is responsible for the procurement and management of general liability, and property insurance.
We assist units in the management of their risk through:
- Planning efforts and organizing staff and resources to protect Cornell against adverse effects from accidental loss
- Motivating Cornell employees to understand their responsibilities for risk management
- Controlling and evaluating Cornell’s risk management program
- Coordinating the experts in safety, security, law, claims administration, and finance to address claims, potential claims, and litigation against the University
- Making decisions relating to the risks that the University encounters in its operations
We facilitate the risk management decision-making process by:
- Identifying risks that could prevent Cornell from achieving our strategic goals
- Analyzing the potential impact on Cornell should a loss occur
- Evaluating, selecting, implementing, reviewing, and monitoring appropriate risk control and risk financing techniques
We provide advice on specific risk management topics, including:
- Assumption of Risk and Hold Harmless Agreements
- Strategic Risk Planning
- Insurance Purchase and Management
- Insurance Contracts Management
- Certificates of Insurance
- Claims Management
- Contract Review and Modification
- Liability Release Agreements
- Liability Release Agreements and Insurance Requirements for Children and Youth Safety
- Cost Allocation (Insurance Billing)
- Disclaimer Forms
- Employing Individuals Outside Of New York State and Internationally
- Drones
- Event Review
- Use of Vehicles for University Business
- Volunteer Requests