Oxford Mutual Ltd Risk Management Funding
One of OML's key priorities is the promotion and support of operational risk management throughout the University. It has introduced a fund to offer financial assistance to departments to encourage them to put risk reduction initiatives in place.
How to Apply
To apply for funding please complete the Risk Management Bids
(31kb)form and forward it to the Insurance Team for consideration by the OML Board of Directors.
The deadline for applications for 2011/12 is Friday 24 February 2012.
The form should be used to describe the risk management initiative and demonstrate how it is expected to reduce particular risks. Quotations for any work involved should be submitted as supporting documents. If the bid is security-related, you should also seek advice and approval from the University Crime Reduction Officer. It is possible, depending on the number and value of the bids, that OML's Board will look to the departments to match any funding offered through this scheme.
2010/11 Bids
In 2010/11, eleven projects received funding, including the following:
- Tagging of saleable goods to deter theft
- Heightening of fencing surrounding sports ground to prevent injuries and adjacent property damage
- Video intercom system for protection of staff
- Improvements to lighting
- Upgrades to PIR detection and CCTV coverage
2009/10 Bids
In the 2009/10 financial year twelve bids for funding were received from departments, all of which were approved. Examples of the bids were for:
- CCTV installation
- Panic alarm installation
- Purchase of fireproof cabinets
- Improvements to access systems
- Driver training and assessment
- Business continuity planning
Contact Details
For further information, please contact:
The Insurance
Team (University access only)
Telephone: 01865 (6) 16012 / 01865 (6) 16078
Fax: 01865 (6) 16013
