Use this book to recognize potentially devastating design-build risks—then
develop a plan to ensure you have them covered.
Design-build construction is 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.
Design-Build Risk and Insurance covers these topics.
- Design-Build Construction
- Design-Build Risks
- Indemnity, Insurance Requirements, and Limitations of Liability
- Design-Build Claims – Caselaw
- Coverage for Professional Services in Traditional Policies
- Contractors Professional Liability Insurance
- Architects and Engineers Professional Liability Insurance
- Project Professional Liability Insurance
- Bonding Design-Build Projects
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Table of Contents
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.
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.
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.
Claims Adjusters
- Understand which design-build exposures are and are not covered under
traditional CGL and umbrella liability policies.
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.
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.
Your purchase of an IRMI reference product includes a complimentary
subscription to The Electronic Owl e-newsletter. You'll
receive a monthly update with links to new content and tips on how to
get the most from your IRMI resources.
Your purchase of the online version of Design-Build Risk and
Insurance comes with a digital copy of the Contractor's
Guide to CIPs—a handy reference that provides guidance on 38
issues contractors should consider when accepting coverage through a
wrap-up or controlled insurance program.