By Marjorie F.B. Lemmon, Risk Manager at Yale University and Co-Chair of the URMIA Scholarship Committee.
In 2014, recognizing the desire to identify and develop the next generation of risk managers, URMIA developed a task force to explore the possibility of awarding scholarships to college and university students studying risk management or related fields. Under the leadership of Joyce Fred, vice president of insurance and risk management at Tulane University, the task force eventually became a formal committee, and that vision became a reality. At the 2016 URMIA Annual Conference in San Diego, URMIA awarded its first three student educational scholarships. One of those recipients, Steven Ciotti, has not yet graduated from SUNY Brockport (his anticipated graduation date is May 2018), but he has already found his first job in risk management! In July, Steve began working as risk management assistant at Conifer Realty, LLC, in upstate New York.
This month, URMIA's Communications Committee invites you to meet URMIA member Julie Groves, manager, risk services at Wake Forest University in Winston-Salem, North Carolina. This recurring article aims to introduce you to the full diversity of URMIA's members, their institutions and organizations. Our members hail from all parts of the world, and we hope this helps build greater connections with your peers. Enjoy!
By Joseph DesPlaines, Consultant, Business Continuity & Crisis Response for Districts Mutual Insurance (Wisconsin Technical Colleges).
The month of June was a deadly one: from June 4 to June 8, we witnessed three terror attacks, taking place in London, Paris and Tehran. In addition, there were two mass fatality workplace shootings in Orlando and Scranton, carried out by disgruntled former employees. This was a tragic five days. As each of you watched the reporting of these events, you heard a significant theme – investigative interviews in London, Paris, Orlando and Scranton revealed that others saw warning signs before each of these tragedies.
Happy fall, URMIA! This month in Orlando, URMIA will host its largest conference ever. We hope to see many of you there. Read on to learn about our 2018 Regional Conference schedule, exciting details about Risk Management Wednesdays this November, updates on the November ISO 31000 training from URMIA and PRIMA, and much more.
Each month, this article provides some of the latest risk management resources, as well as a calendar of upcoming events, webinars, conferences and other learning opportunities in which you or your campus colleagues may be interested.
Risk management resources
- URMIA Suggested Reading List (8/2017), URMIA. The semi-annual update of the URMIA Suggested Reading List was completed in August. There are several new entries that may be of interest:
- The Checklist Manifesto, Atul Gawande. Atul Gawande shows what the simple idea of the checklist reveals about the complexity of our lives and how we can deal with it.
- The Unthinkable, Amanda Ripley. Discover how human beings react to danger–and what makes the difference between life and death.
- "Understanding the issue: Is telemedicine the future of higher education healthcare?," Gallagher Student Health & Special Risk Industry Snapshot Newsletter, August 2017. This article discusses telemedicine for student health plans. The practice of delivering medical care remotely using communications technology has been in existence in some form for almost 20 years. According to a recent study, up to 77 percent of consumers would consider accessing remote care, and 19 percent already have. These results suggest that the healthcare industry has largely underestimated the need to meet consumer interest in this category of health services. Although many insurance companies are offering some form of telehealth services by now, most college students' healthcare experiences still take place in the physical presence of a provider, whether through their school's on-campus resources (i.e. student health/counseling center) or at a provider's office near campus. So what would college students gain by exploring the new methods offered to them through telemedicine?
- Principles for Fair and Accurate Security Ratings, US Chamber of Commerce. As security ratings continue to mature, more organizations in the public and private sectors leverage them in making business and risk decisions. As a key piece of a robust security evaluation program, security ratings based on accurate and relevant information are useful tools in evaluating cyber risk and facilitating collaborative, risk-based conversations between organizations. These ratings provide all risk managers with an opportunity to partner with their information technology chief information security officer (CISO) to review these principles and to have an annual review of their university's cyber security rating from the various third party cyber security firms they hire.
- "Robotic review: The use of artificial intelligence in contract review," Russell Kostelak, Proskaur Rose LLP. Proskaur has published an article for those of you who spend a lot of time reviewing contracts. That work may be done by a machine one day!
- "ED finalizes state authorization for distance education rules," National Association of College and University Business Officers (NACUBO). As a reminder, these rules are scheduled to take effect in July 1, 2018.
- Chemical Facility Anti-Terrorism Standards (CFATS), US Department of Homeland Security (DHS). The CFATS program reminds us about the need for colleges and universities to be in compliance with DHS' standards regarding chemicals. You may want to share this with your EH&S department and others in your institution who may be impacted by these standards.
- "Unmanned aviation risk management, accident prevention, and insurance," CPCU Journal. This article provides some interesting information about unmanned aviation risk management.
- Value of Higher Education initiative, NACUBO. This initiative aims to counter the negative discourse surrounding the value of higher education, promote its myriad benefits and shape public opinion toward a more positive perception of its contribution. We all need to be advocates for the value of higher education!
- NCAA Board of Governors Policy on Campus Sexual Violence, adopted August 8, 2017, National Collegiate Athletic Association (NCAA). According to a recently adopted NCAA sexual violence policy, coaches, college athletes and athletics administrators are required to complete education each year in sexual violence prevention.
URMIA's membership continues to grow. Help us welcome our newest members, and read on to learn about the professional updates from your colleagues.