What Every Business Owner Should Review Before Their Insurance Renewal
Businesses rarely remain static. Signing new contracts, operating from different locations or adopting alternative methods of working are just some of the ways a company’s risk profile can change. Consequently, […]
The Limits of Indemnification Clauses
An indemnification clause is a provision in a construction contract that transfers risk to a specific party, namely the project owner, general contractor (GC) or subcontractor. Ultimately, it requires them […]
Contractual Risk Transfer Explained
Contractual risk transfer (CRT) is a risk management mechanism that can be utilized by many businesses. It involves shifting potential liability through a non-insurance contract or agreement and is intended […]