Calendar

Overview

The Insurance Requirements in Contracts Manual (IRIC) has been relied upon and used by hundreds of Public Entities since the 1970’s to devise and implement effective Risk Transfer Contracts for maximum protection from liability resulting from the hiring of Vendors and Contractors.  There have been a number of important recent trends and changes that significantly impact the effective transfer of risk and verification for Public Entities from their Vendor/Contractors.  This is the first in a series of online workshops from EIA covering the important updates to the manual.

Who should attend:

Anyone involved in the risk transfer process should attend these important workshops including legal counsel, risk managers, contract analysts, insurance specialists, and all support staff and verification personnel.

What you will learn in Part 1 & 2 of this series: 

• An Overview of the Risk Transfer process
• The two principal methods of transferring risk
• How to assess risk factors for large and small jobs & Contractors
• Contract recommendations for the new California statutory requirements for different types of professionals and contractors
• Insurance coverages required for effective transfer
• Changes in the Insurance market that endanger your coverage
• Understand the impact of the new restricted Additional Insured Endorsements
• Why less than explicit Contract requirements will cost you coverage
• How to Specify currently realistic & available Insurance requirements
• How to integrate Indemnity & Insurance specifications with bid packages
• How to handle Self-Insured Retentions and Deductibles
• Sample Contracts, endorsements, language, and forms you need to know
• Identify & understand the risks posed by “Restricted Coverage Policies”
• Recognize Insurance Endorsements that restrict or exclude coverage
• When use of non-admitted carriers may be useful
• Update & Integrate key Contract terms & conditions to trigger coverage
• How to verify Compliance for Contractual Liability and Additional Insured coverages

Additional Information

• First time users for EIA TV please download the Instruction Guide for instructions on how to register!

• Upon log in, the webcast can be found either through the SPOTLIGHT section of the environment or via the SEARCH tool.

• Questions, please contact Ian Chadwick at ichadwick@csac-eia.org

Need More Info or Help?
We hope you can join us. Feel free to contact Ian Chadwick for more details.

Phone: 916-850-7366
Email: ichadwick@csac-eia.org