Do International Schools Really Need Risk Management?

Risk management for international schools seems to be a strange practice. Are not schools supposed to be safe havens?

Here are 3 potential high-severity risks that are common across many international schools:

1. Health and safety risks: They often have students and staff from diverse backgrounds. This can increase the risk of infectious diseases, foodborne illnesses, and other health-related incidents. Schools may also face risks related to physical safety, such as natural disasters, fires, or accidents.

2. Child protection risks: They may be at risk of child abuse or neglect by staff members, other students, or outside parties. This can include physical, emotional, or sexual abuse, as well as neglect or improper care.

3. Security risks: They may be at risk of security threats, including terrorism, violence, or theft. Schools may also face risks related to cybersecurity, such as data breaches or unauthorized access to sensitive information.

To effectively manage these risks, international schools should have comprehensive risk management programs in place that include risk assessment, risk mitigation, and crisis management planning. Schools should also have policies and procedures in place to address these risks, such as child protection policies, emergency response plans, and cybersecurity protocols. Regular training and awareness programs for staff, students, and parents can also help mitigate these risks.

Finally, even the most comprehensive risk management program may leave some risks which could cripple a school.

Insure those risks. We have designed, placed and managed comprehensive insurance programs for international schools and would be happy to share our experience with you.