Issue
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
“We have benefited from The Scheider Team’s Contractual Risk Transfer training. This training session is most beneficial to the A&B employees who deal with the insurance requirements and indemnification language of contracts we enter into with our cusThe Scheider Teamers.”
A&B Process Systems - Paul Kinate, Retired CFO
“As our business has grown and evolved, an increasing portion of our work has been on the basis of contracts rather than purchase orders, with every contract containing different requirements. On almost on an annual basis, The Scheider Team conducts his Contractual Risk Transfer training to our field sales representatives, project managers and upper management personnel. The Scheider Team has helped our employees understand the implication of complex contract clauses.”
Steel King Industries, Inc. - Jay Anderson, President
Client since 1996
