Construction contracts have insurance and indemnification obligations that the contractor must meet, and it’s critical to identify what is being required, if your current insurance program is in compliance, and if not what will take to become compliant before you ever bid the work. Are there additional costs involved? Is what is being required available in the insurance marketplace? Do the insurance requirements create an unmanageable level of risk?
Insurance requirements change and so does insurance underwriting, we’re seeing more contracts require pollution and cyber coverage as an example of this changing environment. Join guest presenter Chris Pobieglo, President of Business Insurance Associates, to learn more about standard contractual insurance requirements, unique risks or insurance obligations in those requirements, and more.