Loyola Marymount University has written policies and procedures that must be followed by all departments and personnel. The Risk Management Department disseminates information on the following policies and procedures.
Coordination of Insurance-Related Activities
The University’s Risk Management department supports the institution by identifying, assessing, and managing risks that may impact its people, property, operations, and financial resources. A key responsibility of the department is overseeing the University’s property and casualty insurance programs, which help protect the institution against a broad range of potential losses and liability exposures arising from University activities.
Risk Management works collaboratively with departments, faculty, staff, students, and external partners to provide guidance on insurance-related matters, support risk mitigation efforts, and facilitate claims reporting and resolution when incidents occur. The department also serves as a resource for understanding the University’s insurance requirements and risk management practices.
Individuals with questions regarding the University’s property and casualty insurance policies, insurance certificates (email risk_coi@lmu.edu), claims, or other related risk management matters are encouraged to contact the Risk Management department at orm@lmu.edu.
Insurance Requirements for Independent Contractors, Vendors, & Suppliers
The following are Loyola Marymount University's requirements for any contractor, vendor, or supplier providing the campus with materials or performing a service on behalf of the University. Such contractor or vendor shall, at its sole cost and expense, insure its activities and obtain, keep in force, and maintain insurance as follows:
- Commercial General Liability: $1 million each occurrence, $3 million in the aggregate
- Automobile Liability: $1 million each occurrence, $3 million in the aggregate
- Workers' Compensation: Statutory limits
- Employers Liability: $1 million each accident
- Professional Liability: $1 million each accident, $3 million in the aggregate
The Certificate of Insurance must provide specific information as to the date and contract/activity/event for which it is issued. Loyola Marymount University must be named as an Additional Insured with respect to General Liability and Auto Liability.