Design-Build Risk and Insurance

Reference At-A-Glance

Gain the Expertise and Insights of 13 Construction, Insurance, and Legal Professionals in One Handy, Well-Organized Guide

Design-Build Risk and InsuranceEditor: Ann R. Hickman
2nd edition
Pages: 151
Includes: Bonus Publication
See the Table of Contents

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Description

Design-build construction is becoming an increasingly popular construction approach, but it does increase risks and present new risk management challenges. In addition to taking on greater design liability, contractors who act as design-builders must be on top of issues such as performance guarantees, licensing requirements, ownership of design documents, indemnification, and a variety of other potential risks.

Failure to recognize and plan for these risks can be devastating.

Get In-Depth, Focused Briefings on:
  • Design-build construction and its risks.
  • Indemnity provisions and insurance requirements in design-build contracts.
  • Design-build claims caselaw.
  • Application of coverage under traditional policies and professional liability insurance.

Features and Benefits to You

Select a Job Function (click the arrows to the left)

more info Agents, Brokers and Account Support Staff

  • Learn the essential differences between design-build and traditional design-bid-build construction delivery processes.
  • Identify the exposures not covered under traditional CGL and umbrella liability policies that arise when a contractor performs as a design-builder.
  • Understand the nuances of contractor professional liability insurance.
  • Review the challenges encountered in bonding design-build projects and how the surety industry often addresses these bond issues.

more info Risk Managers, Financial Executives & Insurance Buyers

  • Hone your understanding of design-build loss exposures.
  • Review essential issues to address in design-build construction contracts.
  • Determine whether you should purchase professional liability insurance to cover liability arising from these services.

more info Underwriters

  • Hone your understanding of design-build loss exposures.
  • Understand which design-build exposures are and are not covered under traditional CGL and umbrella liability policies.
  • Identify ways to coordinate the coverage under traditional and professional liability policies.

more info Claims Adjusters

  • Understand which design-build exposures are and are not covered under traditional CGL and umbrella liability policies.

more info Attorneys

  • Understand how the legal responsibilities of contractors change when they perform design-build projects in lieu of traditional construction delivery processes.
  • Learn about the insurance policies available to cover the liability exposures of design-build contractors.
  • Explore caselaw focusing on the unique aspects of design-build construction.

more info Consultants

  • Hone your understanding of design-build loss exposures.
  • Understand which design-build exposures are and are not covered under traditional CGL and umbrella liability policies.
  • Understand the nuances of contractor professional liability insurance.

Webinar Series—Green Construction

Learn more about this series, who should attend and the benefits, or use the links below to view details for each webinar. You may purchase webinars individually at the introductory price of $39 each, or subscribe to the entire series discounted to $195 (six for the price of five).

Date Webinar Name
Sept. 1
Sept. 10
Sept. 15
Sept. 29
Oct. 6
Oct. 13

IRMI Construction Risk Manager

News, Tips, and Tactics for Construction Risk & Insurance Pros

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If you buy, sell, underwrite, or litigate construction insurance or manage construction risks, this newsletter will become an essential part of your tool belt.

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