Procor Vice President of Risk Management, and West Coast Leader, Joseph Mascali, and Christina McKnight, Director, Insurance and Risk Management Services, Oregon State University, will be featured speakers at the URMIA Virtual Spring Conference this month.
The topic of their session presentation will be “How to Document a Higher Education Claim: A Case Study.” Mr. Mascali and Ms. McKnight will walk participants through Oregon State University’s largest loss in recent history. In November 2018, a fire started in a research lab, causing significant damage to both property and high-precision equipment. The session will reflect upon the university’s lessons and outline what measures the institution took to mitigate its loss and properly quantify its losses for the insurer.
The session is scheduled for Thursday, February 25, from 1:07 pm - 2:05 pm. You can register here>
Those attending the session will:
- Gain a better understanding of how to mitigate the risk of fire in a research facility.
- Learn strategies that help an institution mitigate losses and reduce its claim exposure.
- Understand how to coordinate and organize loss-related expenses involving multiple research labs and departments
- Get recommendations on quantifying and presenting all claim-related expenses, including but not limited to property damage, business personal property/equipment; extra expenses/expenses to reduce loss; and, business interruption – including lost grant funding (both current and future losses).
URMIA, The University Risk Management and Insurance Association is an international non-profit educational association serving colleges and universities. Our core purpose is to promote the advancement and application of effective risk management principles and practices in institutions of higher education. Its membership includes thousands of professionals at more than 600 institutions of higher education and 100 companies supporting those institutions.