Builder's Risk: A Practical Approach to First Party Claims Webinar (CST)
CIP Society Webinar
Date and Time: January 12, 2023 11:00 am - 1:15 pm CST
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WEBINAR | BUILDING | TECHNICAL
The Builder’s Risk policy is
designed to provide broad coverage; however, it does not cover all property
connected to the construction project nor does it cover every risk.
Understanding the dynamics involved in handling first-party claims for Builder's
Risk from multiple perspectives involved in the claims process is
integral. Explore how the different parties involved bring their own
unique skill sets to achieve the successful management of the claim when a loss
occurs. A case study will provide a practical example of how things play
out in a real-world scenario.
• Understand how first party claims differ from third party claims;
• Navigate the claims process while separating between hard costs and soft costs;
Identify the key roles and experts required to deliver a successful outcome for all parties.
O. Martin Moran, ACIP, Claims Manager BC - BFL
Damian Alksnis, CPA, CMA, CFF, CIP, Partner -
Williams Meaden & Moore Inc.
Damian is a Partner at Williams
Meaden & Moore Inc. and has over 20 years of accounting experience. Damian
specializes in the quantification of commercial losses relating to Business
Interruption, Liability, Soft Cost, Property Damage, Stock, Cyber and Fraud
claims for both insurance and litigation purposes. He has provided testimony as
an expert witness in mediation proceedings and Ontario and BC Supreme Court
trials. Damian has provided numerous training seminars for the Insurance
Institute, insurers and law
Bichtar Mahal, BBA, CPA, CA, CIP,
Partner - Williams Meaden & Moore Inc.
Bichtar has over 30 years of
accounting experience and specializes in the quantification of commercial losses
relating to Business Interruption, Soft Costs, Delay in Start-up, Property
Damage and Stock claims for both insurance and litigation purposes. He has
participated in appraisals under the Insurance Act and has provided testimony as
an expert witness in mediation proceedings. Bichtar is a Partner at Williams
Meaden & Moore Inc. He is a Chartered Professional Accountant, holds a
Bachelor of Business Administration degree and has a Chartered Insurance
John Fitzgerald, CIP,
General Adjuster - Crawford &
John is a large and complex loss adjuster with the Crawford
& Company Global Technical Services team and specializes in commercial
property claims, including product liability, builder's risk, course of
construction and wrap-up liability claims. John has also been involved in
international and domestic catastrophe experiences, including a deployment to
the Bahamas to handle losses following hurricane Irene. John is a Certified Fire
and Explosion Investigator and currently handles large commercial fire losses
throughout British Columbia.
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CE Credits: 2 CE Hours
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Wednesday, January 11,
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