RMP Academy set to reduce risks in higher education institutions

Risk Management Partners’ specialist RMP Education team has entered a multi-year partnership with London Universities Purchasing Consortium (LUPC).

Related topics:  insurance,  higher education
Tabitha Lambie | Editorial assistant, Barcadia Media
5th September 2022
Higher education
"From early on in the process, it was clear that in RMP we had found a like-minded organisation, focused on genuine partnership working, which will support our members in their own risk mitigation and control activities."
- Mike Kilner, LUPC senior category manager

This new strategic partnership comes after a public procurement exercise led by LUPC. RMP Education will provide cover for property, casualty, excess of loss, engineering, contract works, and computer risks for over 30 universities and not-for-profit organisations. These include several major research-intensive Russell Group universities.

Furthermore, this partnership will give all LUPC’s insurance group members unlimited access to the RMP Academy This platform offers a comprehensive online documents library, and structured risk management advice as well as bespoke training and education sessions.

RMP Academy will focus on key risks and exposures for higher education institutions, including business continuity planning, business interruption, fire engineering, and fire safety.

Commenting on the partnership, Michael Barnes, RMP education director, has said:

“Universities are large, complex organisations whose research and teaching work contributes enormously to societal advances and economic development. That means their risk and insurance needs are similarly complex and best served through a sustainable business partnership.

“We relish the prospect of working closely with LUPC members over the years to come – using our specialist expertise and experience as a leading provider in the sector to find and devise solutions to their risk challenges. By fully exploring and understanding their emerging and evolving exposures we can ensure these are managed, mitigated, and transferred effectively.”

Mike Kilner, LUPC senior category manager, added:

“In our new insurance provider, we were looking for stability and security – a long-term partnership where risk management and client-focused claims handling were just as central to the proposition as sustainable and cost-effective insurance covers.

“RMP shares our appetite for collaboration, best value, and solutions-focused services, and we are very pleased to be in partnership with them.”

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