Risk Management

Risk Management is a department within the Office of Finance. Risk Management is the process of planning, organizing, leading, and controlling the revenues and activities of the organization in order to minimize the adverse effects of “accidental losses” upon the organization, including injury to persons, damage or loss of property, workers’ compensation, and auto first- and third-party claims.

The mission of department is to promote the safety and well-being of all parishioners, employees, volunteers and guests in an environment where everyone can worship, gather, and learn in peace. We do this by endeavoring to mitigate risk through collaboration with schools and parishes, and other entities, promoting best practice to protect people, property, and assets.

A variety of techniques may be recommended as appropriate, including increasing the safety of the activity or transferring responsibility for safety and/or consequences of participation.

Our goal is to minimize the adverse effects of unpredictable events. Toward this end, we utilize a number of processes and tools:

• Maintain current values for buildings, contents, and movable property.
• Respond to all property, liability, and other casualty losses, initiating investigations and accomplishing the appropriate resolution of all claims
• Develop programs for loss prevention based on available loss data
• Coordinate loss control activities
• Authorize and maintain a database of approved drivers and, vehicle list
• Manage special insurance programs (i.e., special event insurance, etc.)
• Review insurance language in vendor and research contracts to control transfer of risk, review and approve Certificates of Insurance for vendors and facility users, and maintain a database of insurance information