Contractual Risk Transfer - The Best Way to Reduce Contract Exposures for Your Company

Long Island RIMS

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DATE: Tuesday, October 25, 2016

TIME: 12:00 PM - 2:00 PM

VENUE: The Fox Hollow, 7725 Jericho Turnpike, Woodbury, NY 11797

Contracts frequently contain various risk transfer provisions that can subject your company or clients to potential damaging risk unless those risks are properly identified, managed, and transferred.  The best way to reduce long-term liability and reduce risk is by using the proper indemnification and insurance language in business contracts and in related insurance policies.

Some topics to be discussed are:

  • Ways to draft indemnity provisions in commercial agreements
  • Understand and transfer risk through insurance contracts & certificates
  • How to establish loss control and claims submission strategies
  • Risk transfer with additional insured provisions & contractual liability coverage

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