Video

  • 27 minutes

What Options Are Afforded to GC-CMs and Owners and Wrap-Up Program Options

 

Don’t put yourself at risk of litigation created by your construction operations.

There are two primary categories for handling insurance risk: traditional programs and wrap-up programs. Traditional programs are the annual corporate insurance policy. The responsibility of insurance is mainly with the general contractor and subcontractors. Wrap-up programs have two different types – the owner controlled insurance program and the contractor controlled insurance program. The responsibility of insurance is with a single policy/\buyer. This video covers the pros and cons of each of these categories.

Runtime: 27 minutes

Agenda

Faculty

No photo available

Michael B. Lapicola

Faegre Baker Daniels LLP

  • Partner in the law firm of Faegre Baker Daniels LLP
  • National construction law practice, representing project owners, contractors, subcontractors, suppliers, architects, engineers, lenders and sureties in dozens of states across the United States
  • Provides daily consultation to clients regarding procurement, licensing, liens, bonds, insurance, indemnity, delays, defects, changes, payment, termination and other construction project matters
  • Listed in Chambers USA: America's Leading Lawyers for Business — Construction, 2011-16
  • Frequent speaker and has written several publications
  • J.D. degree, cum laude, Northwestern University School of Law; B.A. degree, magna cum laude, Brigham Young University
  • Can be contacted at 303-607-3680 or [email protected]
William Buchan

William Buchan

  • Currently a Senior Risk Manager for Gilbane Construction
  • More than 30 years of experience in the risk management, insurance, and construction industries
  • Is a National Risk Management resource
  • Provides a rounded and measured advisory service, which includes contract review, risk transfer method, captive utilization, claims advice, and senior leadership consulting for program construction
  • B.A. degree, North Park University
  • Can be contacted at [email protected]

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