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43 Cards in this Set

  • Front
  • Back

Contract

Agreement between 2 or more parties to do something

2 types of contracts

Verbal


Written

Liability insurance

Injury to people

Work men's compensation

Covers injuries to workers on the job

Property damage

Damage to physical facility or property of someone else



(Cash value OR replacement cost)

Avoid

is the event worth having

Transfer

let someone else pay for it (insurance company)

Keep & Decrease

keep the event & do everything to avoid risks

What is the purpose of writing SOPs?

so the job is done correctly; so the risk is handled the same way each time

Where are SOPs kept?

in the managers office

Risks in a facility

1. Ripped Carpet


2. Uneven pavement


3. Wet Floors


4. Broken Seats


5. Gaps In Railings



Risk

anything that may cause harm

Things you are attempting to protect through risk managament

spectators, participants, employees, proprerty

Essentials of a contract

1. Time & form attained


2. Legal rights & capacity


3. Proper consideration given & received


4. Valid offer & acceptanceq

A managers best tool in risk managament

well trained staff

Agent

sells insurance

Risk Matrix

used to plot risks with regard to frequency & cost

3rd step in the risk process

treat

High risk event

mosh pit concert

Vault

permits building "up" of a faclity

Romans

first to use a vomitory in their facilities

Mortal Combat

favorite sport in the coliseum of rome

Chinese

first to have lighted athletic facilities

Autocratic

my way or the high way

Democratic

fair of you dare

Laissezfaire

I don't care/hands off

Vomitory

passageway leading from the arena to the outer arena

3 things a manager contracts for

services, equipment, supplies

Services

ticket takers, custodians, security

Equipment

scoreboard, video screens, floor boards

Supplies

uniforms, paper products, food products

Policy limits

the maximum an insurance company will pay on a claim

Risk process

1. Identify


2. Assess


3. Treat


4. SOPs

Legal rights & capacity

Be of age & have the mental ability to understand what is being discussed

Why is well trained staff important?

the more eyes you have looking out, the better; will know how to handle situations if need be

Orientation

how a building/playing field sits on the site

Circus Maximus

holds 200,000 spectators

Most common risk

slipping & falling

exit from inner arena to outer arena

vomitory

Adjuster

investigates a claim for an insurance company

Premium

what you pay in order to have insurance

Workmen's Compensation

covers an employee injured on the job

1st step in the risk process

identify