Transitioning from Distribution to Direct Insurance Billing

Claims for damage to property or persons often arise in connection with ongoing or completed construction projects. For many of these claims parties maintain insurance that may potentially provide a source for coverage and recovery for those claims. This topic will address excess insurance policies, builders' risk insurance, and errors and omissions (aka professional liability) policies for design professionals and typical exemptions. In a world that is constantly changing, this topic will address some of the latest developments in how federal and some state courts are interpreting insurance contracts. This content has been prepared by attorneys with more than 35 combined years of experience in construction litigation and will help you understand the basics of insurance policies available on construction projects, the types of claims that may be covered, and common problems in identifying and making claims under those policies.

The Insurance Distribution Directive (IDD) requires all insurance distributors and their employees to have the appropriate knowledge and ability to perform their roles. This must be supported by a minimum of 15 hours’ Continuing Professional Development (CPD) a year. Employees must have a minimum necessary knowledge of eight core areas. This webinar presents an overview of the eight core areas of the IDD and suggested areas of learning for each core area. CPD is also discussed and what can be recorded as CPD and why this is important.

Workers’ compensation Medicare set-asides (WCMSAs) continue to present challenges for insurers. High WCMSA allocation amounts can complicate claim settlement and even prevent claim closure altogether. However, you often have more power than you think when it comes to reducing allocation costs. Time to take back control with effective WCMSA cost-mitigation strategies. This session will put you back in the driver’s seat to reduce WCMSA costs and get claims settled.

This webinar focuses on five of the most common contractor risk exposures: - Contractual Risk Transfer - Properly Extending Insured Status - Business Auto Issues - Misuse of the Absolute Pollution Exclusion - Professional and Pollution Exposures Faced by Contractors