Purchase of Insurance
The Risk Control & Insurance section coordinates the purchase of insurance policies for The University of Texas System institutions in accordance with Regents' Rules, Part Two, Chapter VII, Section 3. This includes policies that cover multiple institutions (such as The System-wide Auto Liability policy) and policies that apply to specific risks at individual institutions.
If your institution has a special risk that it feels should be insured, please contact the Risk Control and Insurance section to discuss your concerns. If insurance does appear to be the best way of managing the risk, The Risk Control and Insurance section can search the market for favorable coverage and then supply the institution with the information needed for a purchasing decision.
Contractual Insurance Requirements and Certificates of Insurance
Insurance requirements are present in most contractual agreements. If you would like a review of any contractual insurance requirements, please contact Eric Agnew in the Risk Control & Insurance section.
A Certificate of Insurance is a document that evidences for one party the insurance coverage(s) held by another party. It is not an insurance policy and it does not provide any coverage to the certificate holder.
Certificates From Other Parties
When other parties provide The University with a certificate of insurance, you can send a copy of the certificate to the Risk Control & Insurance section to verify that the insurance requirements have been met.