NYSIR Risk Management Expert Speaks At ASBOI

 

Bob Bambino, NYSIR’s director of risk management and a recognized expert in the field, spoke recently at the Association of School Business Officials International (ASBOI) annual conference, providing attendees with tips on how to share and transfer risk.

During a presentation called Got Risk? A Closer Look at Effective Risk Transfer and Risk Sharing, Bambino stressed to school officials the importance of indemnification and insurance agreements as vehicles for reducing loss severity. He was part of a panel of experts who cumulatively offered what ASBOI said was one of the longest and most in-depth treatments of risk management ever presented to school districts.

As part of his discussion, Bambino introduced solutions for common insurance issues and provided attendees at the Chicago conference with valuable tips on drafting contract specifications and construction agreements. A roundup of ASBOI conference presentations, including Bambino’s, recently appeared in the Public School Risk Institute’s SchoolRisk News.

NYSIR is a long-standing member of the Public School Risk Institute, and by extension, so are NYSIR’s hundreds of New York public school subscribers.