The Office of Risk Management is responsible for administering a program to protect and preserve Winthrop University's human, physical, and financial assets. In this capacity, the office acts like an insurance agency for the university by soliciting quotations for property, liability, and surety coverages, as well as compiling and processing insurance claims. Management of this program is accomplished by identifying potential human, physical, financial, and natural losses and then determining the best method available to handle the risk, whether that is through risk avoidance, risk prevention, risk assumption, or risk transfer through insurance.