Arkwright's education specialist recognized was that fund-raising money is a critical and highly valued property at educational institutions. Yet the tuition and fees endorsement clause in standard policies specifically excludes money from fund-raising activities. Through our expert's efforts and knowledge of university practices, Arkwright rewrote our policies to include fund-raising money as a loss, if it can be proven that the actual damages directly caused a reduction in the institution's fundraising. Our education specialist has worked with our engineering team to help institutions better prepare for engineering inspections. Arkwright conducts seminars that instruct facility managers how to perform detailed self-inspections based on customized checklists.
Custodians learn what to look for in managing risks at their facility.
Arkwright is more certain that insured facilities are being inspected routinely. Having this expertise on staff allows an underwriter to perform tighter valuation of a company's assets. It allows more accurate identification of potential exposures. The company receives better assessment of its property and business interruption insurance requirements. It can better determine the level of insurance it needs to carry.