Commercial contracts 101
This commercial contracts webinar is designed to provide you with a thorough understanding of the insurance liabilities associated with commercial contracts and the perspectives of both underwriters and brokers.
We'll delve into the main areas of liability insurance public liability, products liability, professional indemnity, and employers’ liability and explore how these relate to businesses, particularly when negotiating commercial contracts.
What we’ll cover
- How an underwriter will interpret points you may have perceived as innocuous
- Responsibilities and indemnities associated with commercial contracts
- Classes of insurance affected by commercial contracts
- Understanding the insurance clauses and conditions within normal commercial contracts
- Typical points on which you can negotiate
- How a broker will negotiate with the insurer’s cover to match, as far as possible, the contract’s terms
Key learnings
- An improved understanding of the liabilities associated with contracts.
- How to navigate between various types of indemnities
- An understanding of how to reduce your organisation’s risk when negotiating commercial contracts
- Insights into how to aim for reduced insurance premiums
Who should attend?
These courses are aimed at professionals with responsibility for or involvement in purchasing insurance for their organisation. It is particularly useful for those new to insurance or who have a responsibility for insurance purchase as part of a wider finance or legal role.
Event information
Date: Wednesday 21 October
Time: 11:00am - 12:00pm
This webinar will include a 45-minute presentation plus Q&A