Builder’s Risk Insurance Webinar April 21
This 90-minute presentation will cover the fundamental concepts of Builder’s Risk Insurance while providing real world lessons and examples from claim settlements.
Participants will learn about the pros and cons of the purchase of the policy and whether you should you cover this risk through a “Course of Construction” Endorsement or a true builder’s risk policy.
The webinar will review the materials and works (permanent and temporary) that determine hard costs, which expenses and lost revenue determine soft costs, and why soft costs are vastly overlooked. This webinar is designed to educate lenders, servicing personnel and asset managers about the standard coverage parts, perils and exclusions and when coverage ceases and the transition to permanent insurance.
Webinar attendees will develop the skills to understand:
How much insurance is required to protect your collateral?
Key insurance terminology and policy terms and conditions.
The claims process and the impact it has on the ultimate claim settlement amount.
Who Should Attend?
Insurance Directors
Loan Closers & Underwriters
Commercial Servicers
Asset Managers
Speakers:
Mike McDaniel, President & Owner, Fortress Risk Consultants
Paul Migdal, Executive Vice President, The Greenspan Co./Adjusters International
When?
April 21, 2016 from 2:00 – 3:30 PM EDT
Click here for more information.