Steven Nudelman, a partner in the firm’s Litigation Department, is on the faculty for a live webcast on “Addressing and Managing Risks in Construction Insurance: Everything You Need to Know.” The program, to be presented on Wednesday, June 27, 2018 from 12:00pm – 1:00pm (ET), is sponsored by The Knowledge Group.
A 2017 survey revealed that the key risks and challenges concerning construction executives include workforce management, complex operating models and geopolitical and regulatory change. This new risk setting implies the need for the construction industry to have better risk management solutions. One significant risk allocation tool is a contract governing the involved parties’ rights and obligations, which primarily allocates risk by indemnity and insurance requirement provisions. It is crucial to ensure that insurance requirements for construction-related contracts are tailored properly to the needs of the construction company.
This program will help those in the construction industry understand the important aspects of this significant topic. Mr. Nudelman and other speakers will facilitate an in-depth discussion of the recent trends and developments surrounding construction insurance. They will also offer best practices in preparing well-fitted construction insurance requirements to avoid potential risks and hefty fines.
Key topics to be addressed include:
- Top Risks in the Construction Industry
- Risk Management Trends and Developments
- Construction Insurance
- Common Drafting Mistakes
- Best Practices
Mr. Nudelman concentrates his practice in construction law and the representation of members of the construction industry across a broad spectrum of matters. His clients include owners, contractors, design professionals, subcontractors and suppliers involved in public and private construction projects throughout New Jersey. He also represents community associations, unit owners and developers in lawsuits involving construction defects, budgeting and financing issues, and condominium governance.
Additional program information and registration details at: https://bit.ly/2K8FOaI