Wrap Insurance for Construction Projects: Scope of Coverage, Resolving Coverage and Indemnification Disputes
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will provide insurance and real estate counsel with an analysis of the characteristics and function of wrap insurance programs, discuss their advantages and potential pitfalls, highlight critical coverage and exclusion issues, and outline solutions to thorny indemnification matters.
- Advantages and risks of wrap coverage
- Coverage issues
- Limitations and exclusions
- Indemnity provisions
The panel will review these and other key issues:
- How does policy language impact coverage and what coverage gaps could result?
- How do wrap-ups relate to construction defect issues?
- What coverages are typically included and which are generally excluded?
- How are additional insured and contractual indemnification issues resolved?
James P. Bobotek
Pillsbury Winthrop Shaw Pittman
Mr. Bobotek guides clients through all phases of development and construction of commercial properties, including... | Read More
Mr. Bobotek guides clients through all phases of development and construction of commercial properties, including preparation, review and negotiation of development, design, construction, design-build, and related agreements. He also counsels clients in analyzing insurance coverage claims, formulating risk management strategies, and developing contractual insurance requirements. Mr. Bobotek has secured many favorable outcomes for commercial policyholders on CGL, builder’s risk, commercial property, business interruption, E&O, cyber, professional liability, D&O, pollution, fidelity and other claims.Close
Susan Lange Smith
Senior Vice President
Aon Risk Solutions
Ms. Smith has experience working with national and global organizations to successfully manage complex risks. She has... | Read More
Ms. Smith has experience working with national and global organizations to successfully manage complex risks. She has extensive experience in working with multi-billion dollar general contractors as well as real estate owners, developers, investors and REITS.Close