Free ACPA Seminar at WOC 2019

Contractual Risk Transfer

Presented by Kyle Rask
NBIS

Seminar Description:

Every concrete pumper is engaged in several different contracts at any given moment. Are those contracts protecting your business in the event of a loss? Do you know what to sign and what not to sign to protect your business from the worst case scenario? Do you have alternate language to substitute for unacceptable language when a contract is presented to you? Having someone on your side, either your insurance agent or your insurance carrier to review current contracts, relate contracts to policy terms and stand by your side in the event of a claim is powerful. Are you prepared?

The contracts used by concrete pumpers need to be consistent with their coverage form. Between regulations, state specific language and the policy forms, this can quickly become a legal nightmare. The carrier partner or MGA providing coverage should also offer related services such as contract support. What if contract management cost additional money and is substandard or worse yet – is not provided at all?

Attendees of this session will:

1. Learn key contract connections between the policy and the jobsite, start the contract review on the right foot.
2. Review a real world case in heavy construction where the contract protected the insured and a few examples of how quickly it could have changed with one word.
3. Identify and close common coverage exposure gaps through contract management.

Wednesday, January 23, 2019 
1:00 pm - 2:30 pm
Las Vegas Convention Center | Room N109