2023 AGC Surety Bonding and Construction Risk Management Conference
Hyatt Regency Coconut Point Resort and Spa5001 Coconut Rd, Bonita Springs, FL
AGC will hold its annual Surety Bonding and Construction Risk Management Conference at the Hyatt Regency Coconut Point Resort and Spa in Bonita Springs, Florida. The conference will run from Monday, Jan. 30th, at 4:30 PM EST until Wednesday, Feb. 1st, ending at Noon EST. In addition to all the business sessions, this conference will offer you the same full line-up of social and networking opportunities you have come to love and expect.
Navigating the Challenges of Complex Claims Involving Multiple Coverage Lines
Jeremiah M. Welch, SDV
Russ Johnson, Skanska USA Building Inc
Benjamin Sweeney, Bechtel Global Corporation
Jason Smith, Seyfarth Shaw LLP
Tuesday, January 31, 2023 – 4:10 PM – 5:10 PM EST
Using real claim examples, this session will focus on understanding and addressing the challenges associated with complex claims involving multiple lines of insurance. Experienced risk managers and counsel will impart practical advice about dealing with the competing requirements of different policies, as well as the potential conflict between liability and coverage theories and common exclusions. Ultimately, the session will talk about how to form and execute a sound strategy and manage the process and the people necessary to achieve a successful outcome.
A Survey of Recent Insurance Coverage Decisions Impacting Construction Risk
Jeffrey J. Vita ,SDV
Kenna Plangemann, Suffolk Construction
Wednesday, February 1, 2023 – 9:25 AM – 10:25 AM EST and 10:45 AM – 11:45 AM EST
As insurance plays a critical role in construction-related risk transfer, this program will identify and analyze recent insurance coverage decisions that impact construction risk. Understanding how courts interpret and evaluate various lines of coverage available to contractors will help general contractors and construction managers keep pace with the latest insurance trends. Relatedly, this knowledge will arm contractors with the information necessary to better protect their assets through contract drafting as well as insurance placement.
The discussion will cover key recent decisions and how they might impact general contractors and their day-to-day work. The speakers will provide guidance and strategies to avoid potential insurance coverage gaps to facilitate the successful completion of construction projects.
Catastrophic Events & Insurance Claim Recovery
Tracy Alan Saxe, SDV
Frank Russo, Imperium Consulting Group
Regina Adler, Marsh
Joseph Poliafico, Construction Risk Partners
Maryanne Foster, Barton Malow
Wednesday, February 1, 2023 – 10:45 AM – 11:45 AM EST
Business disasters of all types can cause unprecedented damage, destruction, and delays to construction projects. Contractors must review their contracts and insurance policies — and consider risk management, insurance, and claims strategies — well ahead of a disaster. This session will educate the audience on critical pre-loss planning strategies and how to present loss costs following a catastrophic business disaster effectively. The expert panel representing a large national contractor, claims management, and litigation will present best practices for contractors when preparing for and mitigating the financial and delay impacts of a disaster on a construction project. This will include a discussion of loss mitigation strategies; ways to navigate the complex property, builder’s risk, delay in start-up, business interruption insurance, and FEMA claims; and recommendations for optimizing the presentation of the loss costs for reimbursement.