Is Your Current Insurance Policy Sufficient for Potential Contract Performance Risk?

NOTE: The Alaska PTAC has been renamed as Alaska APEX Accelerator. This change occurred on September 15, 2023. Learn why.

Construction contracts have insurance and indemnification obligations that the contractor must meet, and it’s critical to identify what is being required, if your current insurance program is in compliance, and if not what will take to become compliant before you ever bid the work. Are there additional costs involved? Is what is being required available in the insurance marketplace? Do the insurance requirements create an unmanageable level of risk?

Insurance requirements change and so does insurance underwriting, we’re seeing more contracts require pollution and cyber coverage as an example of this changing environment. Join guest presenter Chris Pobieglo, President of Business Insurance Associates, to learn more about standard contractual insurance requirements, unique risks or insurance obligations in those requirements, and more.

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Do you have questions or feedback on this training? Please let us know. The Alaska PTAC team has diverse backgrounds in government contracting and works one-on-one with clients to provide technical assistance. We welcome the opportunity to further assist you!