IACLEA 2023: Simply having insurance is not enough
Daniel Young
Prof Risk | Founder & Chief Innovation Officer @ Circadian Risk Inc. | Speaker | Security, Threat, Vulnerability, & Risk Expert and SaaS | ASIS Member, CSO Risk Council Member | LGBTQ+ Sponsor | Entrepreneur | Pet Lover
By: Michael Martin, CEO of Circadian Risk
Last year during a keynote speech at The International Association of Campus and Law Enforcement Officers and Administrators (IACLEA)’s annual conference and exposition, James Moore, senior advisor for Clery Act Compliance & Campus Safety Operations for the U.S. Department of Education,?took the assembled campus safety officials to task .
“Insurance companies are tired of paying billion dollar settlements out of your public safety disasters,” said Moore. “Assessments should not become politicized.”
The message was clear: campus safety officials must focus on preventing foreseeable issues, assessing risk, and remediating vulnerabilities. Simply having insurance is not enough, and insurance companies are likely to refuse coverage if an institution isn’t prepared for an incident.
Insurance isn’t prevention
The writing is on the wall for campus safety professionals: it’s not enough to have insurance without a plan in place. In fact, you need to go beyond plans by testing your policies. No organization knows if they can handle a situation unless they test their policies and procedures.
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If your college isn't doing risk assessments and remediations on your vulnerabilities, insurance may not cover you. When the data tells you that certain incidents are foreseeable and should be prepared for, you can’t ignore that information — you may create a liability.
If it’s happening on another campus, Moore pointed out, it can happen on yours.
Meet Circadian Risk at IACLEA 2023
This year’s IACLEA convention is around the corner. The annual conference and exposition from June 27 to 30 in Orlando, Florida. The conference is the premier event for police and public safety leaders on higher education campuses, and features more than 50 educational sessions with experts in the industry, a vendor showcase of all of the latest products and services, and a gala to honor 2023’s award recipients.
Circadian Risk will be in booth #412 at IACLEA. We’d love to meet with you during the show, and discuss the importance of risk assessment on campus.
Reach out and?book a meeting with us today . Book soon; slots are filling up fast.
Vice President/Part Owner @ Wivenhoe Management Group | Security Assessment Specialist & System Design Expert
1 年This is true for all organizations where it is now necessary to have measures and plans in place to address foreseeable security events, even active shooter events. Having insurance, even with good security measures in place but particularly in negligent liability situations, could still leave monies to be paid where an insurance company has set their maximum settlement figure. An SVA (Security Vulnerability Assessment) is not only good practice but also a method of preventing substantial grief later.