Finance

Insurance

Section P

111.  Insurance cover and claims

The Insurance Department arranges cover which must be procured in accordance with the University Procurement Strategy, for buildings, contents, motor vehicles, travel and legal liabilities.

Further information, including how to make claims can be obtained from the Insurance Manual and insurance section of the Finance Department website.

112.  Valuations

The Insurance Section is responsible for keeping up to date records of the insurance valuation of buildings and plant and machinery, as required, which may be subject to inspection by an insurance company.

113.  Use of own vehicle

All staff using their own vehicles on behalf of the University must maintain appropriate insurance cover for business use.

114.  Notification of risks and claims

All staff must:

a.  give prompt notification to the Insurance Section of any potential new risks or activity, and additional property and equipment being procured that may require insurance and of any alterations affecting existing risks;

advise the Insurance Section of any event that may give rise to an insurance claim (either by or against the University). The Insurance Manager will notify the University’s insurers and, if appropriate, prepare a claim.