Webinars

Webinar Series—Tips and Tactics: Managing Construction Contract Risks

Successful contractors are good at many different tasks including estimating, project management, running the business, collecting receivables, and motivating employees. However, there are other key components of the formula that lead to success in construction. Two of the key components are understanding contract risks and understanding contract insurance requirements and challenges.

Many of the most important risks for contractors flow through the construction contract. Identifying to whom these risks are allocated and understanding how best to mitigate or insure them is critical to assuring projects are profitable and construction companies survive catastrophes. This series of six webinars brings together two award winning speakers to explain up-to-the-minute practical and valuable ideas on how to analyze, negotiate, and manage risk allocation in construction contracts; draft insurance requirements that are both complete and possible for the other party to implement; and respond to unreasonable insurance requirements that others try to impose on your organization (or your clients’ organizations). While many of these webinars focus on contractual liability (indemnity) and insurance topics, others delve into contract provisions that allocate business risks that are uninsurable and which, if improperly managed, can eliminate a job’s profits or even bring down a construction company.

Help and Frequently Asked Questions

Exclusive Sponsorship Opportunities

Learn more about sponsoring a webinar, or an entire series.

Archived Webinars in this Series

All of these webinars were conducted in the fall of 2009. You may purchase webinars individually at the introductory price of $39 each. The archived version is an exact replay of the live webinar and is available for you to access for six months.

Webinar Name

Who Should Consider Purchasing

The series is designed primarily for contractors, project owners, property and casualty (P&C) and surety agents, brokers, and underwriters. These webinars will also be helpful to attorneys who are relatively new to construction law or insurance, as well as risk management consultants and other advisors to the construction industry.

Benefits to Your Participation

Attendees will come away from the webinar series with enhanced knowledge and practical tactics for accomplishing the following:

  • Identify troublesome contract provisions and options for modifying them
  • Ensure indemnity provisions comply with state law and are enforceable
  • Negotiate contract risk allocation with confidence and competence
  • Identify risk allocations that are not insurable
  • Arrange additional insured, contractual liability, and other insurance to respond to insurance requirements

Continuing Education Credit Information

Attending seven construction-focused IRMI webinars, such as any in this series, will satisfy the annual reaccreditation requirement for the CRIS® program. CPCUs attending one webinar will be awarded one (1) CPD (continuing professional development) program point. The webinars have not been filed for and will not satisfy state insurance CE requirements in any state. The webinars also have not been filed for CLE or CPE credit, but you may be able to self-file after attending the program.