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Risk and Insurance Education Forum Construction – Cranes, Claims and Insurance

Risk and Insurance Education Forum Construction – Cranes, Claims and Insurance

14 October 2016

The Toronto Risk and Insurance Education Forum invites you to our Fall 2016 Session. A diverse full-day education seminar focusing on a variety of industry-related programs to engage and inform. This year, we focus on Construction! We have gathered a variety of industry experts focusing on:

Technical Review & Risk Allocation: The session will provide an overview of the typical risks for the life-cycle of a construction project. Where does the project start and what are the initial planning steps? Panel members will provide commentary with respect to risk allocation to identify the various common types of contract forms, differences in CCDC contract types, differences between contract relationships involving general contracting, project management, construction management and the contractual relationships of the parties therein. Panel members will also focus on the integration between insurance products, the check list of risks and concerns that need to be evaluated, and loss prevention.

Surety: This panel of leading surety practitioners will discuss the fundamentals of the surety bond and review the role of the broker, company and claims counsel in the risk assessment analysis. The panel will identify the indicia of suretyship and the differences between surety and insurance company, including the role of surety bonding on a typical construction project. The panel will also share personal claims experiences to demonstrate the importance of surety bonding for a successful project outcome. Finally this session will provide some practical advice to address claim and coverage issues under surety bonds.

Coverage: Introduction of policy types, purpose and the relationship between the various policy forms. Panelists will focus on the most challenging risks associated with large construction projects. Discussion will include the insurability of liquated damages, faulty workmanship, errors and omissions liability, delay in start-up, financial risk and other topical issues.

Claims: Our claims panel will discuss real world and hypothetical claim scenarios and discussion will pertain to a typical policy response to those scenarios and relevant case.

Who should attend?

Brokers

Risk Managers

Insurers

Loss Adjusters

Lawyers

Forensic Accountants



Registration

To reserve your spot please register here. Space is limited.

Please note: there is no fee to attend this forum.