Builders Risk Policies & Construction Insurance Law

CIP Society Seminar

UBC Robson Square, 800 Robson Square, C300 Theatre, Vancouver, BC, V7Z 3B7 [Map]
Date and Time: January 24, 2019 8:45am - 12:00 PST

CLASSROOM | TRENDS | TECHNICAL

There is never an end to new construction no matter what city you live in. We know that this continuous growth and expansion is made possible by the protection provided by the insurance industry. So what are the coverages included in a COC or Builders Risk policy and what types of losses generally occur? Attend this seminar and learn more about this important aspect of our industry and our economy.

SEMINAR OBJECTIVES

  • Understand the purpose of a COC policy
  • Define who is deemed the insured
  • Review common exclusions and their impact on a loss
  • Examine how the COC policy is applied at the time of a loss
  • Discuss how the courts mitigate COC lawsuits

    SEMINAR PRESENTERS

    Chris Lockwood, CIP, Assistant Vice President, Charles Taylor Adjusting
    Chris has over 22 years of adjusting experience both as an Independent Adjuster and a Senior Examiner with an international insurance company. Prior to joining Charles Taylor Adjusting in 2012, he worked with Commonwealth Insurance Co. in Vancouver where he gained considerable experience handling large losses related to energy, marine, forestry and mining risks. He was named as a Correspondent for the Standard Steamship Owners' Protection and Indemnity Association Limited, where various Maritime exposures are handled on behalf of Europe, Asia and Bermuda interests. Chris also has experience adjusting large commercial property, COC, equipment breakdown and mining equipment losses.

    Gregory Tucker, Q.C., Barrister & Solicitor, Owen Bird Law Corporation
    Greg advises insurers on coverage under a wide range of policies including commercial property, builders risk, general and commercial liability, wrap-up-liability, professional liability, D&O, E&O, hull and machinery, P&I cargo, and environmental impairment. Greg has acted as counsel or otherwise advised in complex coverage disputes, including disputes involving bad faith allegations, cross-border issues, complex trigger and allocation issues, reinsurance disputes primary-excess disputes, and breach of warranty or condition.

    Number of Continuing Education Credits:  3 Technical
    Please be aware that tardy arrival or early departure to/from the seminar will preclude IIBC from issuing a CE certificate for this seminar.

  • Registration Deadline: Monday, January 21, 2019

    Fees: The price for this seminar includes coffee service, light breakfast snacks and GST.
    $125 CIP Society Members (Graduates)
    $150 IIBC Members
    +$80 Non-Members - IIBC Membership Fee of $80 (expiring May 31, 2019) is applicable. Please register manually.

    Corporate Rate: $115 per attendee for corporate groups of 6 or more (membership is additional for non-members). To register with a corporate rate, please contact Winnie  in advance at whon@insuranceinstitute.ca .

    Manual Registration: Please download and complete our Manual Registration Form [pdf]   and return it via email to Winnie at whon@insuranceinstitute.ca

    Cancellation Policy: No Refunds. Participant substitutions accepted 48 hours prior to seminar (substitute must be current member). IIBC reserves the right to cancel the seminar due to unforeseen circumstances. Should this occur, registration fees will be refunded.

     PRICES BELOW ARE BEFORE TAX.