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Focus Manufacturing

Contractual Risk Transfer: Establishing Subcontractor's Insurance Requirements

Posted by Dan Scheider

describe the image Issue

Work with clients to review their subcontractor agreement with respect to the insurance requirements and indemnification language, with the goal to equitably allocate risk between the client and their subcontractors.

Value

Frequently, the terminology found in existing subcontracts is outdated and the insurance specifications do not require coverage endorsements that are readily available. Updating these aspects of the subcontractor agreement further protects our client’s interest in their contractual relationships with subcontractors.

Testimonial

“The Scheider Team worked with us to establish insurance requirements for the subcontractors which Steel King uses to install our product in the field.”

Steel King Industries, Inc. - Jay Anderson, President
Client since 1996

Topics: Tom Scheider, Dan Scheider, Contractual Risk Transfer, Manufacturing, FOCUS on Risk Management, R&R Insurance