A 2017 survey revealed that the key risks and challenges concerning construction executives nowadays include workforce management, complex operating models and geopolitical and regulatory change. This new risk setting implies the need for the construction industry to have better risk management solutions. One significant risk allocation tool is a contract governing the involved parties’ rights and obligations, which primarily allocates risk by indemnity and insurance requirement provisions. It is crucial to ensure that insurance requirements for construction-related contracts are tailored properly to the needs of the construction company.
In this LIVE Webcast, a panel of distinguished professionals and thought leaders assembled by The Knowledge Group will help those in the construction industry understand the important aspects of this significant topic. They will provide an in-depth discussion of the recent trends and developments surrounding construction insurance. Speakers will also offer best practices in preparing well-fitted construction insurance requirements to avoid potential risks and hefty fines.
Key topics include:
- Top Risks in the Construction Industry
- Risk Management Trends and Developments
- Construction Insurance
- Common Drafting Mistakes
- Best Practices