Description
This live interactive webinar is aimed at those individuals who have a working knowledge of contract works and third-party property claims who wish to refresh and/or expand their knowledge of Professional Indemnity insurance.
The course will be highly interactive with delegate participation and engagement throughout. The course is delivered by a Certified On-Line Learning Facilitator (COLF) who is an ACII, Chartered Insurance Broker, with over 40 years insurance experience.
What you will learn
Course Objectives
At the end of the course delegates will be able to:
- Describe recent legal developments impacting the liability of construction professionals
- Compare and contrast the coverage given by professional indemnity wordings
- Identify how professional indemnity dovetail with public liability and contract works insurances
- Identify a strategy for the handling of professional indemnity claims
Course Contents
- Duty of Care
- Tort or Contract
- Limitation Periods
- Statute
- Policy Cover
- Operative Clauses
- Employee protection
- Defence Costs
- Collateral Warranties
- The Contract Rights of Third Parties Act 1999
- Novation of Contracts
- Joint Ventures
- Circumstances
- The Limit of Indemnity and related matters
- Adjudication Condition
- Subcontractors policies
- Extensions
- Dishonesty of Employees
- Loss of Documents
- Statutory Defence Costs
- Mitigation of Loss
- Fit for Purpose
- Exclusions
- Retroactive Date
- Contractual Liability
- Defective Materials/Workmanship
- Fit for Purpose – Products Exclusions
- Insured v Insured
- Cover Dovetail
- Public Liability
- Contract Works
- Latent Defects
- The current market
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