White Paper

20 Pages
  • 20 Pages

Effective Use of Additional Insured Endorsements to Shift Risk

 

Contract analysis, conflict identification and litigation strategies.

In construction, risk shifting has an important effect on the profitability of a project. A useful way to shift risk contractually is to use additional insured and indemnification provisions. Regrettably, oftentimes those provisions are drawn up in a way that permits the opposing party and their insurer to turn down coverage and as such, will not accept the loss. This white paper provides an overview to the construction contract process and reviews additional insured issues and the contract requiring coverage prior to the loss.