Major Construction Projects - Key Risk and Insurance Strategies (Presentation)


In This Presentation:

Insurance in Context: Construction Risk Management; What Insurance Can and Can’t Do; Consider/Anticipate all Stakeholders; Construction Risk Management; Insurance challenges: Market Conditions; Issues Affecting Availability; Coverage Issues by Type of Project: Offshore Projects; Onshore; Coverage Issues; Other; Legal Perspectives on Construction Insurance Issues Part 1: Delivery System and Insurance Choices Should be Coordinated; Key Risk Allocation Provisions: Their Negotiation and Insurability: Guarantees and Turnkey Provisions; Indemnities; Liability Limitations and Consequential Damage Waivers; Scheduling, Force Majeure and Delay/Disruption Damages Provisions; Payment Provisions; Bonding and Change of Control Issues; Supply Agreements and Material Acquisition; Termination and Suspension; Changes; Dispute Resolution Clauses; Negotiating Insurance Coverage Provisions; and, Legal Perspectives on Construction Insurance Issues Part 2....

Please see full presentation below for more information and topics covered.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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