Learning Outcomes: Everyone has insurance on a project … it is probably required that you carry a policy as part of your contract. Not everyone knows or understands why they have it or what to do with it if the time ever comes to rely on your policy and make a claim. This session will cover an overview of what you need to know before you need to manage risk and make a claim!
Learn about key issues:
- What your policy should cover
- What obligations you have in your contract documents
- What risks to consider
- When to make a claim
- What documents you need to make a claim
- What obligations you have if your claim is accepted
- Why claims are sometimes rejected
- How can you protect your rights while also maintaining the client relationship
- What bonds do for your project
2. Learn how to get paid:
Who should attend: Anyone working for or with a contractor, subcontractor, supplier, consultant, project management company or project owners (private or public) that are involved in preparing, reviewing, assembling, overseeing, negotiating or putting in place any contract documents in their organization – especially those who would be also assessing levels of risk, such as contract administrators, contract managers, risk managers, project managers, project directors, controllers, development managers, in-house counsel, or accountants. This is an excellent program for those who are typically on site and tracking progress through records management (daily site-logs, site journals, and meeting minutes).
This course is Gold Seal accredited, 1 credit.
Michael represents clients from across Ontario in his construction law practice. He is involved in every facet of the construction industry, including strategy development from project inception to completion. He is experienced in structuring tendering and contract documents related to all aspects of development. Michael’s practical and time-saving advice has resolved wide-ranging issues arising from procurement and contract disputes and lien, trust and delay claims.
Raj Datt is a partner and the Chair of the firm’s Subrogation & Recovery practice. His practice is focused on prosecuting large commercial and residential property losses arising from fires, floods, product liability, oil & gas operations, water/sewer main failures, construction projects, and many other complex loss scenarios. Raj has a deep understanding of the insurance industry and is able to use this knowledge to provide his clients with clear, practical and well-rounded advice. He frequently takes the complexity of insurance law and turns it into practical knowledge that his clients can easily understand.