160 likes | 314 Views
Patrick Durbin, CHMM, Manager of Risk Control Office of Risk Management The University of Texas System. Property Conservation and Higher Education: Modeling a Program to Meet the Needs of Your Institution. Property Conservation. What is Property Conservation?
E N D
Patrick Durbin, CHMM, Manager of Risk Control Office of Risk Management The University of Texas System Property Conservation and Higher Education: Modeling a Program to Meet the Needs of Your Institution
Property Conservation • What is Property Conservation? • Describe the UT System Property Conservation Program • Understand its importance and how is serves our institutions
Property Conservation Proactive vs. Reactive
Property Conservation • Eliminate or minimize property losses • Hot Work/Fire System Impairment Programs • Inspection and Testing - maintenance of fire protection equipment • Emergency response Programs • Plan review of modifications and new construction • Site visits • Reports and Documentation
Property Conservation • History of UT System’s Property Conservation Program • 2002 and prior • 2003-2005 • 2006-2007 • 2008-Present
Property Conservation UT System’s Program • The goal of the property conservation program is to reduce property losses and any resultant personal injuries through systematic incorporation of physical improvements to UT System buildings, as appropriate, and implementation of acceptable property conservation practices.
Property Conservation Campus Visits • Review critical property risk engineering items • Evaluate property conservation programs • Recommendations • Incorporate fire and life-safety • Written report from each campus survey
Property Conservation • Premium Allocation Model – PAM • Scores each segment surveyed during the campus visits • Ranks buildings and campuses on property conservation practices
Property Conservation • What are the benefits? • Why do we do this?
Property Conservation Lower occurrence of hazardous conditions resulting in: • Reduction in property loss due to fire, wind, hail, flood or other similar perils. • Fewer injuries to occupants
Property Conservation • Insurance companies evaluate property risks based on the construction of buildings, occupancy, protective features and outside exposures.
Property Conservation • Building Surveyed in 2008-09 – 52 • Total buildings above 1mil TIV – 757 • Total buildings Surveys since 2002 - 295
Property Conservation Recommendations • Open • Closed • Abeyance
Property Conservation • Business Continuity – an institution's ability to maintain or restore its business and academic services when some circumstance disrupts normal operations.
Property Conservation Proactive vs. Reactive