Oxford Mutual Limited

OML funds the first £100,000 of every claim on a discretionary basis, in relation to property, motor, and liability insurance claims, subject to a defined maximum. The creation of OML has provided a focal point for the management of insurance claims and risks, also promoting risk awareness throughout the University.

OML Risk Management Funding

OML has introduced a fund to offer financial assistance to departments to encourage them to put risk reduction initiatives in place. The funding is offered on a match funding basis with the department. Please see how to apply below. 

FUNDING ALLOCATION EXAMPLES
  • Radios for staff security
  • Fieldwork training
  • Driver training
  • Freezer / fridge alarms
  • Fireproof storage
  • CCTV installation
  • Security lighting
  • Perimeter security, including fencing
FUNDING REQUEST

Funding for risk management projects is available to departments and divisions. If you wish to have a bid considered please submit your bid to the Insurance Office.

In presenting your bid you will need to provide the following:

  • Full description of the risk and the proposed initiative
  • Details of how you envisage this will reduce the risk
  • Details of previous incidents and claims
  • Quotations for works:
    • If using a University approved supplier one quotation will be acceptable, otherwise two quotations will be required.
  • In relation to security matters, evidence that Oxford University Security Services has been consulted

Please note: Initiatives relating specifically to Health and Safety matters should be referred in the first instance to the University Safety Office. Work relating to maintenance and refurbishment or capital project work will not be considered.

Please use the Risk Management Bid Form (DOC).

Contact Us

insurance@admin.ox.ac.uk

 

Oxford Mutual Ltd
Finance Division,
University of Oxford
23-38 Hythe Bridge Street,
Oxford,
OX1 2ET