UCI Risk Services is committed to reducing the ‘Cost of Risk’ through the implementation of a variety of training and loss prevention programs. These programs target reducing the frequency and severity of insurance claims impacting UC's self-insurance programs.
In conjunction with UCOP a special fund has been established to support this effort.
Auto Liability/Physical Damage: Loss and damage resulting from vehicle accidents.
General Liability: Injuries or property damage to non-employees caused by the negligent acts or omissions of the university, e.g. trip and fall accidents, safety-related injuries.
Property Damage: Damage to university buildings, property and equipment.
Employment Practices Liability: Claims arising out of employment related exposures, such as wrongful termination, sexual harassment and illegal discrimination.
Risk Services monitors all campus incidents/claims and collaborates with UCI departments to develop loss mitigation techniques and draft BSAS funding applications, later submitted to UCOP for approval.
All new BSAS funding applications must be accompanied by vendor $$ estimates, and submitted to Risk Services by fiscal year end, June 30, each year.
Risk Services accepts new funding ideas 12 months a year, for initial discussion.