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Corporate Records Management Branch


 

450 - RISK MANAGEMENT AND INSURANCE


Records relating to establishing risk management strategies, developing effective loss control and reporting systems, obtaining insurance coverage, and handling insurance claims.

Record types include:  correspondence, memoranda and reports.

For the administration of employee insurance benefits, see primary 1315.
For business continuity plans, see primary 275.
For insurance claims paid out of budgets, see primary 925.
For insurance claims paid out of the consolidated revenue fund, see primary 1055.

non-OPR NOTE: Offices will retain non-OPR copies of records for: SO nil DE

Primary-
Secondary
Records Series   OPR  
PIB/PUR
   A SA FD  
450-00 Policy and procedures   SO 5y DE  
450-01 General   CY+2y nil DE  
450-02 Insurance coverage requests

SO =  upon renewal or cancellation of insurance coverage

NOTE:  Risk Management Branch, Ministry of Finance is responsible for obtaining insurance coverage for the provincial government.

  SO+1y nil DE  
450-20 Insurance claim files
(arrange by claim)

SO =  when claim is resolved

NOTE:  Claims are referred to Risk Management Branch when payment might be required, and to Legal Services Branch when litigation might be required.

  SO+3y nil DE PIB
450-30 Risk management project files
(arrange by project)

SO =  when project is completed, closed or abandoned

  SO+1y nil DE  


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 Page last updated: November 28, 2007