Financial Regulations

9. Insurance

9.1 The Finance Director shall arrange all insurance which is taken out in the University's name. The Finance Director shall effect such insurances as are from time to time considered necessary to cover the risks to which the University is exposed, and shall negotiate and recover claims.

9.2 The Finance Director must be promptly notified of all new risks, additions and alterations affecting existing insurances.

9.3 The Finance Director must be promptly notified in writing of any loss, liability or damage or any event likely to lead to a claim and shall take such action as may be necessary to satisfy any insurance policy conditions.

9.4 Members of staff who intend to use their own vehicles on University business must ensure that they have business use cover on their own insurance policy.

Page last modified 08 April 2008.

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