Pursuant to its obligations under its tax-exempt bond financing, various agreements with vendors, and good business practice, Marquette maintains a full range of insurance policies and coverage to protect its interests and those of its stakeholders. Marquette's insurance coverage is explained in its insurance coverage summary.. Questions with respect to Marquette's insurance coverage should be addressed to Angelina Ogan, Insurance & Claims Administrator.
Marquette will require proof of insurance from contractors, vendors, and suppliers to assure they have financial funding to meet their legal responsibilities and pay for damages or injuries arising from their activities. We need to be aware that those with whom we work are meeting their statutory responsibility to protect their employees with Workers Compensation insurance. Many firms do not have the assets or legal resources and are not large enough to self-insure legal liability claims and must rely on traditional insurance coverage to manage claims and litigation that arise from their operations.
The limits and type of coverage required for outside firms should be included in any contract or agreement, or request for proposals or service quotations. Please contact the Office of Risk Management for assistance on what type of insurance coverage should be requested if these limits are not already specified in master or blanket forms and agreements written and approved by the Office of General Counsel. Receipt of a certificate should match the basic requirements in the supporting document for it to be meaningful.
Departments should review the certificate to match the limits on the certificate with the requirement, and if they do not compare, they should ask for a new certificate to be issued. If the basic limits and coverage match with the agreement or specifications, the certificate should be forwarded to Risk Management for further review and filing. Please refer any questions on certificate approval to Risk Management. Most certificates of insurance are informational only, and most are issued without knowledge of the insurer. Therefore, in some situations, for a certificate to be meaningful and reliable, we may require more than the usual boiler-plate form submitted by an insurance agent.