Business Insurance provider, HDI Global has announced that it will be providing capacity on an exclusive basis for higher education risks through risk management provider, RMP.
This partnership will enable RMP and HDI work exclusively together to develop risk management solutions for the higher education sector, which currently is facing multiple challenges.
RMP has over 25 years of experience in serving not for profit organisations.
HDI will be able to offer their risk engineering capabilities through its team of 170 engineers, whilst working with RPM Risk Control to deliver its risk management support to the sector.
This partnership will provide clients with cover for clinical trials to university life science and medical departments. It will also offer a tailored policy in order to meet the needs of each university or higher education institution.
Nick Colyer, CEO, RMP commented: “I am proud of RMP’s new partnership with HDI, not only will we be offering our clients and brokers access to the highest quality A rated capacity, but a carrier which is committed to supporting the higher education and research sector to manage risk effectively.
“The addition of the specific clinical trials capability to the RMP offering is a significant benefit which HDI’s outstanding expertise and understanding of the sector allows. I look forward to working together to support the development of the vital clinical trial sector at a time of challenge and uncertainty for higher education institutions.”
Claire McDonald, Managing Director, HDI Global SE UK & Ireland commented: “We have long admired RMP’s commitment to the public sector – and higher education in particular – and are delighted that together we will be working to protect these vital institutions as they manage risk.
“Having comprehensive insurance cover in place is crucial to ensuring clinical trials can get underway and are an example of how in partnership with RMP, we will better serve the higher education sector to manage the risks they face.”
