IRMI VODcast: Construction Risk Conference

IRMI VODcast: Construction Risk Conference

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  • 1-9 Employees
  • 10-30 Employees
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To subscribe to an IRMI product, you can purchase either a single-seat license for an individual, or an unlimited group license for everyone in your organization. The cost depends on whether your firm qualifies as a "Small Business" or a "Large Business" under the definitions in the following table.

Item Individual Small Business Large Business
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Agency/Brokerage Any size Under $10M Revenue $10M+ Revenue
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IRMI VODcast: Construction Risk Conference

Product Type: 1-Year Subscription

Conference Date(s): 2017

Call (800) 827-4242
Mon-Fri 8am to 5pm CST


A Conference-All-Year-Long Experience

If you've ever been to a valuable conference, you know there are generally more sessions than you are able to attend. And you always wish that more people from your team could have been there.

Gain Knowledge. Share Knowledge.

Now is your chance to secure expertise for everyone on your team or to watch presentations you missed. The CRC37 IRMI VODcast allows you to stream videos on demand from your mobile device or desktop computer.

Subscribe today, and you'll have a library of nine great construction risk management videos (approximately one hour in length) at your fingertips, including our most popular topics.

  • One keynote presentation, including audience Q&A with the speaker:
    • Insurance Innovation: No Longer the Road Less Traveled
  • Eight of the most popular topics:
    • Solving the Contractors Professional Liability Puzzle
    • Dissecting the CGL Exclusions for Damage to the Project
    • Builders Risk Requirements: Who, What, Where, When, and How
    • Navigating the Construction Risk Minefield: Surety, Legal, and Otherwise
    • What Contractors Need To Know about the New A201 Contract
    • Allocating Losses Across Multiple Policy Periods
    • Safety and Quality Management Parallels? You May Be Surprised!
    • Fleet Risk Management Strategies

Watch on your phone, or watch as a group and discuss. These make great lunch-and-learn sessions. View them as many times as you like. 

Session Descriptions

The insurance industry has notoriously lagged in innovation, but that is changing. The industry is now on the cusp of a radical transformation as the ability to gather and analyze data moves from fantasy to reality. The volume of data generated from connected devices and the growing capability to extract usable insights from that data using artificial intelligence and machine learning will profoundly change the way insurers price and write coverage. This video will give you a birds-eye view of some of the changes that are on the way and help all of us imagine the possibilities that are ahead.
Keynote Speaker: Mike McGavick 
Modern contractors professional liability (CPrL) policies cover much more than just liability to third parties. Most CPrL policies now offer coverage for first-party losses as well, including protective liability and rectification and mitigation coverages. In this video, Jeff Slivka of New Day Underwriting Managers LLC explains the various parts of a CPrL policy, the scope of coverage typically provided under each coverage part, and how they fit together to cover a contractor’s professional liability risks.
Speaker: Jeff Slivka 
In this video, Jeff Masters of Cox Castle & Nicholson LLP provides an in-depth examination of three commercial general liability (CGL) exclusions that remove coverage for some elements of damage to the project under construction. Learn the nuances of CGL exclusion j. (“damage to property”), exclusion l. (“damage to your work”), and exclusion m. (“damage to impaired property”), including recent developments in court interpretations of these exclusions. Viewers will gain a better understanding of what is excluded and what coverage remains for both ongoing and completed construction work.
Speaker: Jeffrey D. Masters
All standard construction contracts include builders risk insurance requirements. However, the precise language of the requirements varies across document families, and often the requirements are modified during the contract negotiation phase. In this video, Steven A. Coombs of Risk Resources examines the builders risk requirements in the American Institute of Architects (AIA), ConsensusDOCS, Design-Build Institute of America (DBIA), and Engineers Joint Contract Documents Committee (EJCDC) standard construction contracts, exposes gaps that owners and contractors should address, and identifies situations where contractors may want to maintain difference-in-conditions coverage under their own builders risk program to ensure adequate protection.
Speaker: Steven A. Coombs
The construction risk landscape is constantly shifting and changing. Some risks are fairly easy to identify, while others stay hidden beneath the surface often until something goes wrong. In this video, Susan Hecker of Arthur J. Gallagher & Co. and Michael Zisa of Peckar & Abramson P.C. will discuss a hodgepodge of risks that can catch a contractor by surprise, including percentage bonds, joint and several liability, the False Claims Act, subcontractor distress, and challenging government agencies. Viewers will be better able to navigate the mines that can derail a project and avoid the dire consequences that can cripple your business.
Speakers: Susan Hecker, Michael C. Zisa
Every 10 years, the American Institute of Architects publishes an updated version of its widely utilized General Conditions of the Contract for Construction (document A201). Published in April 2017, the revised document has encountered criticism in the construction community for, among other things, shifting too much risk to the contractor in some situations and interfering with the relationship between the contractor and the project owner. In this video, Jon Pahl and Andrea Woods of Nabholz Construction Corporation examine the key changes in the 2017 edition of the A201, including substantial changes in the insurance requirements, and their implications for both contractors and project owners.
Speakers: Jon Pahl, Andrea G. Woods
It is not uncommon for liability arising out of faulty workmanship or construction defect to extend beyond a single policy period. While many jurisdictions have adopted specific methods for allocating exactly when and where a policy is triggered when the loss extends across multiple policy periods, specific policy language intended to address allocation, as well as unique factual circumstances, easily complicate this analysis. In this video, a panel of experts will explain the different theories of loss allocation and the interplay with specific policy provisions intended to address concepts of stacking and telescoping a single loss to a specific policy. Real-world examples will be used to illustrate the potential outcome and address practical solutions.
Speakers: Kenna Plangemann, Gregory D. Podolak, Eric B. Smith
For the past 2 decades, construction defect (CD) claims costs have continued to rise. In contrast, the evolution of safety management over the same period has resulted in lowering the recordable incident rate in the construction industry. What do declining safety incident rates and rising incident rate and cost of construction defects have in common? In this video, Bruce Wiesner of Zurich and Bill Bennington of PCL Construction Enterprises, Inc., will give viewers a better understanding of CD exposures, what recent research data reveals, and how to mitigate CD losses by applying safety management foundations to enhance their quality management programs.
Speakers: Bill Bennington, Bruce Wiesner
Fleet exposures represent one of a contractor's most significant liabilities; therefore, aggressive management of this exposure is a crucial component of a contractor's overall risk management program. In this video, Carl Heinlein of American Contractors Insurance Group outlines leading best practices for reducing fleet risks, including driver qualification and training, vehicle selection and maintenance, fleet policies and procedures, technological advances in fleet safety, and more. Viewers will glean a checklist of items that comprise a comprehensive, aggressive fleet risk management program.
Speaker: Carl W. Heinlein


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