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FOCUS on Risk Management

Contractual Risk Transfer: Contractual Risk Transfer Training

Posted by Dan Scheider

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This 1 ½ hour training session was developed to provide technical knowledge to clients in the area of the various contractual relationships the client enters into. Topics such as insurance terminology, Additional Insured endorsements and the various types of indemnification are covered. The training session concludes with case examples using actual contracts that the clients has recently entered into.

Value

By educating clients on the proper allocation of risk in contracts, clients become more knowledgeable in area of managing risk. This training is combined with providing support to clients in the area of contract review and assistance in establishing subcontractor insurance requirements (covered in further FOCUS on Risk Management communications).

Testimonials

“The Scheider Team has conducted his Contractual Risk Transfer training for our company. This training helps to educate our staff on various coverage related issues, the 3 different types of indemnification agreements and concludes with case examples using contracts that our company has entered into.”

Globe Contractors - Dan Olson, Vice President & Secretary
Client since 2010

“Twice in the past several years, the Scheider Team has conducted his Contractual Risk Transfer training for our management team. Various aspects relating to our insurance program are discussed, including Additional Insured endorsements and the different types of indemnification.”

Super Excavators, Inc. - Pete Schraufnagel, President

Topics: FOCUS on Risk Management, Risk Management, R&R Insurance Services, Construction