The Texas A&M University System and its members are exposed to risks of loss resulting from occurrences involving disappearance, damage and destruction of its own property and property or others, injuries to employees or others, dishonesty and unforeseen liabilities imposed by law or assumed by contract.
The philosophy of The Texas A&M University System is oriented toward affirmative control and minimization of risk to the greatest extent practicable, retention of the remaining risk when within established guidelines, and protection against unpredictable loss by reasonable use of available insurance and/or property funding when there is a significant possibility of loss in excess of the amount established as a reasonable self-retention.
Of vital importance toward the accomplishment of this objective is a strong safety and loss prevention program, implemented by a safety consciousness and awareness on the part of all personnel at all levels.
Recognizing the need for a systematic and coordinated approach to the handling of risk, the A&M System has established a Risk Management and Safety Policy.
The Office of Risk Management and Safety (ORMS) is a service unit within the System Administrative and General Offices of The Texas A&M University System. ORMS provides consultation and service to components in the areas of health and safety, environmental protection, and risk transfer.
ORMS activities should facilitate component efforts to
Provide healthy environments and engage in safe work practices
Comply with applicable state and federal environmental laws
Identify and implement strategies and processes to reduce risks and financial losses
ORMS shall develop and implement plans designed to promote these efforts and keep System administration and the Board of Regents apprised of its activities.