Fred Jacoby will be a member of this Strafford Publications panel, which will guide construction counsel in addressing the issues and pitfalls with wrap insurance programs, and the coverage issues that often arise — including coverage gaps and eroding or insignificant limits — from the perspective of both the insurer and the insured. The panel will discuss practical alternatives to transfer risk outside of the wrap-up, and how to trigger other entities and their insurers with a focus on priority of coverage.
They will review these and other key issues:
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What are the primary issues and pitfalls with wrap insurance programs?
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What are the most common coverage issues that arise?
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How does policy language impact coverage and what coverage gaps could result?
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How do wrap-ups relate to construction defect issues?
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What coverages are typically included and which are generally excluded?
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How are additional insured and contractual indemnification issues resolved?
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What are practical alternatives to transfer risk outside of the wrap-up?
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What are best practices on triggering other entities and their insurers?
After the presentations, the panel will engage in a live question and answer session with participants so they can answer your questions about these important issues directly.