Agents, Brokers and Account Support Staff

• Contractual Risk Transfer will equip you to confidently provide significant value-added risk management services for your clients.
• Use the authoritative analyses as third-Party support of your suggested compromises to clients’ business partners who are trying to impose unrealistic insurance or indemnity requirements on your clients.
• Offer your clients practical advice for and help with drafting insurance requirements clauses that assure that necessary coverages are in place without specifying unobtainable coverages.
• Gain specialized industry knowledge about specific industry contracts, particularly standard construction agreements, which empowers you to make meaningful suggestions for contract modifications.
• Use the discussions to document common industry practices for your underwriters when you meet resistance obtaining insurance policy modifications required of your clients.

Risk Managers, Financial Executives & Insurance Buyers

• Detailed checklists cross-indexed to the discussions in Contractual Risk Transfer will help you expertly review contracts to identify problems or noncompliance issues.
• Model insurance clauses will help you write clear and precise requirements while saving hours of drafting time.
• State-by-state discussion and summary of anti-indemnity statutes for oil and gas and construction contracts helps you secure maximum protection while minimizing the possibility of the hold harmless provision being nullified by the courts.
• A detailed and continuously updated discussion of additional insured status with respect to general liability, auto liability, umbrella liability, workers compensation, and property insurance will help you decide what contract requirements to impose on others or to educate others when they make impractical or unobtainable insurance requirements.
• Analyses of the standard construction contracts will help you develop ideas for modifying them to eliminate ambiguity and maximize protection of your organization.

Underwriters

• Keep up with the latest changes in the ISO additional insured endorsements and the nuances of the many different insurer-drafted endorsements being used in the marketplace.
• Understand the implications of requests for unusual policy changes in response to contract requirements being imposed on your customers.
• Analyze the scope of liability that may be transferred to your customer under the laws of the state(s) in which the customer operates.
• Answer tough insurance and indemnity questions posed by agents/brokers and insureds.

Claims Adjusters

• Keep up with the latest changes to the ISO additional insured endorsements, including relevant caselaw development, and use the documented drafting history to make powerful arguments about the coverage intent.
• Use the summaries of anti-indemnity statutes and state caselaw affecting hold harmless and indemnity provisions as a starting point for deciding whether to fight a request for indemnification by a noninsured.

Attorneys

• Keep up with the latest changes to the ISO additional insured endorsements, including relevant caselaw development, and use the documented drafting history to make powerful arguments about the coverage intent.
• Use the model contract insurance requirements to draft precise and unambiguous insurance clauses using modern insurance terminology rather than archaic language copied from contracts written prior to the development of the standard insurance policy forms in use today.
• Use the summaries of anti-indemnity statutes and state caselaw affecting hold harmless and indemnity provisions as a starting point for developing your legal arguments or in drafting rock solid contracts for your clients.

Consultants

• Keep up with the latest changes to the ISO additional insured endorsements, including relevant caselaw development, and use the documented drafting history to make powerful arguments about the coverage intent.
• Use the model contract insurance requirements to draft precise and unambiguous insurance clauses using modern insurance terminology rather than archaic language copied from contracts written prior to the development of the standard insurance policy forms in use today.
• Detailed checklists cross-indexed to the discussions in Contractual Risk Transfer will help you expertly review contracts to identify problems or noncompliance issues.