Description

This comprehensive course provides in-depth insights into the principles and practices of liability risk transfer and allocation specific to construction projects. Designed for insurance professionals, construction managers, and legal advisors, the course explores the intricacies of standard construction contracts, risk transfer provisions, and insurance requirements critical for mitigating liability exposure.

Participants will gain expertise in:

•    Reviewing and negotiating indemnity provisions and liability limitations.

•    Understanding builders' risk, property, and liability insurance requirements, including waiver of subrogation   and additional insured endorsements.

•    Navigating statutory limitations, contractual liability coverage under CGL and BAP policies, and workers'      compensation insurance.

•    Managing certificates of insurance and ensuring compliance with industry best practices.

By the end of this course, attendees will be equipped to effectively manage liability risks, evaluate insurance options, and uphold compliance standards in complex construction projects.

Approved CEs: 7 RI