Name
Panel discussion: Contractual risk transfer – construction clauses
Date & Time
Thursday, October 17, 2024, 4:00 PM - 4:45 PM
Speakers
Steve Tunstall, PARIMA
Michael Spencer, IMIA
Antonio Kam, BASF East Asia Regional Headquarters Limited
Grant Pilkington, Aon
Andy Kane, QBE, Executive Committee Member of the London Engineering Group (LEG) & Executive Committee Member of the International Association of Engineering Insurers (IMIA)
Michael Spencer, IMIA
Antonio Kam, BASF East Asia Regional Headquarters Limited
Grant Pilkington, Aon
Andy Kane, QBE, Executive Committee Member of the London Engineering Group (LEG) & Executive Committee Member of the International Association of Engineering Insurers (IMIA)
Description
Construction contracts are the foundation for relationships among project owners and contractors so getting the contract right is vital as it protects the rights and interests of each party throughout the project.
This session highlights the issues associated with contractual risks and the failure to identity these in contract clauses. It will also provide guidance to insurance and indemnity language with examples of how ambiguous contract wordings can affect claims outcomes.