5 reasons - irmi

5 Reasons You Should AttendUnparalleled networking opportunities with industry experts Access to the latest news and innovations in construction risk management

A tool kit of practical tactics to control risk costs

An implementation plan for your team or clients

The opportunity to establish your personal brand as a top player in the industry

Your Conference Cochairmen

William S. McIntyreMr. McIntyre, a 40-year insurance industry veteran,is Chairman of the construction-industry-owned American Contractors Insurance Group, Ltd. (ACIG). Mr. McIntyre has been very active over the years with the AGC of America and the Construction Financial Management Association.

Jack P. GibsonMr. Gibson, the President & CEO of IRMI, has co-authored 11 reference works on insurance and risk management. He is a highly rated and frequent pre-senter at meetings of numerous risk management and insurance trade associations. A 35-year industry veteran, Mr. Gibson holds the CPCU and ARM professional designations and the CRIS certi� cation.

Satisfaction Guaranteed!Since 1981, this Conference has earned the reputation as the premier education and networking event in the risk and insurance industry. � is is why we proudly o� er our money-back guarantee

and pledge to provide the quality experience you expect from IRMI.

November 8–11, 2015Las Vegas

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“There are no other conferences or seminars in the construction industry that compare to IRMI. It sets the standard.”

Diana Eichfeld • Assistant Vice President • ACE Environmental Risk

Sunday, November 83:15–4:00 p.m. Newcomers’ Orientation4:00–5:30 p.m. Registration Packet Pickup4:00–5:30 p.m. Opening CRC Mixer Monday, November 97:30 a.m.–4:30 p.m. Registration, CRC Connect and IRMI Help Desk Open7:30–8:30 a.m. “Morning Mingle” Breakfast 8:30–10:00 a.m. Opening General Session and Gary E. Bird Horizon Award Presentation10:30–11:45 a.m. Breakout Workshops11:45 a.m.–1:15 p.m. Welcome Lunch Honoring Gary E. Bird Horizon Award Winner1:30–2:45 p.m. Breakout Workshops3:15–4:30 p.m. Breakout Workshops4:30–6:00 p.m. Networking Social

Tuesday, November 107:30 a.m.–4:00 p.m. CRC Connect and IRMI Help Desk Open7:30–8:30 a.m. “Morning Mingle” Breakfast8:30–10:00 a.m. General Session and WOW Award Presentation 10:30 a.m.–noon Breakout WorkshopsNoon–2:00 p.m. Lunch & Learn Featuring Toolbox Talks (New Format!)2:30–4:00 p.m. Breakout Workshops4:00–5:30 p.m. Happy Hour Wednesday, November 118:00 a.m.–2:00 p.m. CRC Connect and IRMI Help Desk Open8:00–8:30 a.m. Grab & Go Breakfast8:30–11:00 a.m. Breakout Workshops and Risk Management Forum11:00 a.m.–12:30 p.m. Brunch12:30–2:00 p.m. Breakout Workshops 2:15–4:15 p.m. Closing General Session—Construction Insurance � ought Leaders Panel

*Agenda subject to change

Schedule-at-a -Glance*

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ACE MENTOR PROGRAMARCHITECTURE CONSTRUCTION ENGINEERING

Gold-Level Sponsors

Silver-Level Sponsors

Bronze-Level Sponsors

®

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“The Conference is a necessity for networking. You can get a year’s worth of marketing andmeetings done in 3–4 days.”

Daniel F. Conway • Global Construction Casualty Practice • AIG

“The King” of Networking EventsCRC35 is full of unique opportunities to meet with the largest con-centrated groups of construction risk managers, brokers, insurers, and many more all in one place! Join your fellow attendees at the following.

CRC Connect—Introduced last year, the Connect is a central hub of activity. Here you will �nd the Social Bar, work zones, refreshment breaks, sponsor materials, IRMI.com demonstrations, and more!

•Break Sponsors Include*

Breakfast “Morning Mingles”—Start your morning right with this new, “recep-tion-inspired” breakfast on Monday and Tuesday. You will have great networkingtime with your peers! A “Grab & Go” breakfast will be provided on Wednesday.

•Monday Cosponsors:

•Tuesday Sponsor*:

Networking Lunches—Lunch is provided on each full day of the Con-ference and o�ers a di�erent format daily. Whether relaxing, networking, or learning is your ideal way to spend this time, we have something for everyone.

•Monday Welcome Lunch Sponsor:

•Tuesday Lunch and Toolbox Talks Sponsor:

•Wednesday Brunch Sponsor:

Social Events—When you reach the end of a busy day of learning,it’s time to unwind! With daily events on the schedule, you will have ample opportunities to relax and network.

•Sunday Opening CRC Mixer:

•Monday Networking Social:

•Tuesday Happy Hour:

Secure your sponsorship withMonicaSturgeon•(972)687–9379

[email protected]

*Sponsorship opportunities are still available.

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Key • note PresentationsYou will leave inspired, informed, and all shook upby some of the brightest minds in this industry!

Opening General SessionEasiest Catch: Don’t Be Another Fish in the “Cyber-Net”Monday, November 9 • 8:30–10:00 a.m.

Mark Lanterman Chief Technology O� cerComputer Forensic Services

� e risk of cyberattacks is no longer concentrated only on retailers who accept credit cards but also on any company with sensitive data or access to the systems of others. Unfortunately, it’s no longer a question of if your information is going to be accessed or stolen, but when. For example, the recent breach at a major retailer started in the network of an HVAC contractor. Hear current developments in the digital underground and realistic advice for cyberprotection, as Mr. Lanterman uses recent high-pro� le cybercrime events to demonstrate some of the more dangerous threats to contractors, including phishing, malware, and Wi-Fi attacks.

General Session CEO Perspectives: Risk, Safety, and Leading from the TopTuesday, November 10 • 8:30–10:00 a.m.

Charles (Charlie) A. Bacon III Chairman & CEOLimbach Facility Services LLC

Top management sets corporate priorities and the tone for how organizations are run. From how employees are recruited and managed to building the customer base and delivering on commitments, everyone takes their cues from those in charge. All of this is re� ected by the corporate culture. In this session, the chief executive o� cers of two highly regarded construction � rms discuss how they view risk and the role of risk management, their roles in setting risk management expectations and standards, and their visions for an injury-free workplace.

Thomas F. Gilbane Jr. Chairman & CEOGilbane, Inc.

“Rock and roll music, if you like it, if you feel it, you can’t help but move to it. That’s what happens to me. I can’t help it.” Elvis Presley • King of Rock and Roll

Closing General Session Construction Insurance Thought Leaders PanelWednesday, November 11 • 2:15–4:15 p.m.

Construction risk managers rely on their insurance advisers and providers to help them protect their companies from unexpected and potentially devastating losses. Ideally,these relationships will function as partnerships in that everyone is working to achieve that goal. � is closing session brings together leaders from the construction insurance industry to discuss current trends and developments in construction risks, how they are being addressed by the insurance market, and their impact on both contractors and their insurance providers.

Moderator:Jack GibsonPresident & CEOIRMI

We can teach you how to � y.

Launching this August:ALL-NEW IRMI.com!

75,000 pagesof Searchable Risk and Insurance

Information at Your Fingertips

Peter ArkleySenior Managing DirectorAlliant Construction Services Group

Joan C. MilesPresident & CEOOld Republic Construction Program Group, Inc.

Panelists:

Michael CampoSenior Vice President & Team LeaderConstruction and Design GroupLockton Companies

Douglas CautiSenior Vice President & Chief Underwriting O� cerLiberty Mutual National Insurance

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Monday • Morning WorkshopsNovember 9

M1. Understanding Contractual Risk Transfer Tools� is workshop provides an entry-level discussion of additional insured endorsements, indemni� cation agreements, and waivers of subrogation and the role of each of these tools in accomplishing risk transfer objectives. � is workshop will provide a founda-tional understanding of a complex subject for those with a limited background in the construction or insurance industries.

M2. Supply Chain Risk Management: The Missing Link in Protecting Project Pro� tability

A supply chain disruption carries signi� cant costs in terms of time, money, and reputation. In many instances, the source of the disruption is not a tier-one relationship (direct contract) but tier-two and beyond, which makes it di� cult to control. In this workshop, case studies will demonstrate how to identify supply chain exposures and their potential implications for your construction project. A protocol for assessing, planning, and mitigating a supply chain disrup-tion will be demonstrated, and mitigation strategies and insurance options will be discussed.

M3. Risk Implications of the Changing Construction Workforce� e national construction workforce shortage continues to be the most pressing issue for US contractors. � is situation is exacerbated by megaprojects, particularly those in rural areas with limited access to infrastructure talent. Construction companies are increasingly turning to nontraditional sources of labor for generalist and specialist support, with mixed results. What challenges are these � rms facing, what risks are generated from these macro- level trends, and what can companies do to attract and maintain labor?

M4. CGL Coverage for Rip and Tear CostsRip and tear costs can be a substantial portion of a loss, especially in construction defect cases, and coverage in the commercial general liability (CGL) policy can be di� cult to determine. � is workshop will use real claim scenarios to explain the coverage questions surrounding rip and tear costs, synthesize the conclusions reached by courts, and pro-vide insurance representatives with the analytical tools they need to handle these claims.

M5. Does Your Builders Risk Coverage Pass Inspection?Construction contract builders risk insurance requirements typically do not adequately address all of the elements of a properly structured builders risk program. � is workshop will examine key elements of builders risk insurance, including who is insured, covered and excluded property, covered and excluded causes of loss, and where and when cov-erage applies. Issues that have a tendency to result in disputes, such as responsibility for deductibles, subrogation, and damage to existing property, will also be addressed.

M6. The Wrap-Up Omelet Designing a wrap-up program can be likened to cooking an omelet—it’s all about theingredients. You can have a simple egg-and-cheese omelet, or you can throw in thekitchen sink. In this interactive workshop, participants will learn the key ingredients involved in cooking up a satisfying “wrap-up omelet,” including feasibility, marketing, safety, administration, claims management, and more.

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“The contacts and friends developed at the IRMI Conferences have aided me more than any other organization in my 30-year career as a construction CFO.”

Bob DeSmidt • CFO • Klinger Companies, Inc.

Monday • Afternoon WorkshopsNovember 9

M7. Contractors Professional and Pollution Liability Market UpdateAlthough contractors professional and contractors pollution liability insurance policies have been around for a couple of decades, it takes time for the market to mature and become stable. Get a glimpse into recent trends and developments in this growing and important construction insurance marketplace, including newly identi� ed exposures, the growth in mitigation coverage, availability of desirable coverage enhancements, and recent entries and exits from the market.

M8. Cyberliability—Insurance and Risk MitigationOver the past 2 decades, the cyberinsurance marketplace has evolved from an ancillary “computer-related coverage” into a major component of the insurance landscape. As tech-nology continues to evolve, so too will this coverage in the coming decades. Learn about the current state of the growing cybermarketplace and the coverage a� orded by these policies, as well as the importance of loss mitigation strategies to the marketplace’s growth potential.

M9. Up in the Air: Applications, Risks, and Insurance for Drones in Construction

� e use of unmanned aerial vehicles (UAVs) is rapidly changing the construction busi-ness. UAVs can be equipped with various tools that can enable contractors to quickly and economically identify hazards, document progress, inspect work quality, etc. However, UAVs pose operational, regulatory, safety, and risk management challenges that need to be carefully considered. We will examine types and features of UAVs, applications,regulatory issues, safety risk, liability, and insurance options.

M10. Introduction to Enterprise Risk Management� e new “best practice” in risk evaluation is an enterprise-wide risk assessment and tracking process that begins with a detailed “mapping” of the business to assess leader-ship, � nancial strength, markets, geographies, customer base, delegation of authority, control process, and internal functions. Learn the key elements of such an assessment, how to “score” the risks based on their potential impact, and how to use that information to determine the appropriate risk mitigation and risk control strategies.

M11. Whose Design Is It Anyway?Today’s commercial contractor accepts more design responsibility than ever before.� e risks are enormous, insurance coverage is o� en unclear, and contractual risk trans-fers may be insu� cient. A case study approach will be used to identify hidden risks in design-build, building information modeling (BIM), and integrated project deliverysettings. Learn how to identify design risks, allocate the liabilities contractually,and arrange appropriate insurance coverage for these daunting exposures.

M12. Quality Management: Prevention Is Your Best DefenseResearch shows that the best defense against construction defects is a formal quality management system. Examine common causes of construction defects, such as soil movement, water intrusion, and rework, and then outline best practices for developing or enhancing a formal quality management program that can e� ectively reduceconstruction defect claims.

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Tuesday • WorkshopsNovember 10

T1. The Additional Insured IllusionAdditional insured coverage is one of the most complex, controversial, and disputed issues in construction risk and insurance. � e scope of additional insured coverage provided can be in� uenced by policy language, contract language, public policy, and state laws. � is workshop examines changes in standard additional insured endorsements, pros and cons of blanket endorsements, application to joint ventures and limited liability companies, the impact of capping additional insured coverage, and more. � e role of indemnity agreements and certi� cates of insurance in shaping coverage will also be examined.

T2. Subcontractor Default Insurance: Markets, Myths, and MisconceptionsMany construction risk or insurance professionals have an inaccurate understanding of subcontractor default insurance. Some of the misconception is based on myths, and some is based on out-of-date information. � is workshop will provide clarity on com-monly misunderstood issues such as coverage for liens, required retentions, and subcon-tractor prequali� cation. Attendees will get an overview of the expanded marketplace and key di� erences in insurers’ underwriting philosophies for this coverage. � e practical implications for contractors are also examined.

T3. Tips for Preparing Insurance Speci� cations� e preparation of quality insurance renewal speci� cations is crucial to both obtaining competitive rates and preserving a contractor’s scope of coverage. As insurers look for the optimal allocation of their available capacity, an incomplete marketing submission is likely to be set aside in favor of those with detailed answers to the questions underwriters care about. We’ll outline the process for preparing a complete, professional underwriting submission and strategies for improving the underwriter’s perception of the contractor’s risk pro� le.

T4. Rede� ning the Role of the Site Safety ManagerMost construction executives and risk managers believe in the importance of a strong written safety program. Unfortunately, tradition and a “we’ve always done it this way” outlook can stand in the way of true safety success. Two seasoned � eld safety manag-ers will lead a discussion on the state of current safety e� orts and the need to consider organizational change. Learn the bene� ts of hiring a safety engineer and how to most e� ectively utilize and reward safety sta� .

T5. Surety Market Trends and DevelopmentsA panel of surety executives representing three of the largest underwriters of construction bonds will address hot topics in surety, including public private partnerships (P3s), contractor margins, risk-shi� ing trends within construction contracts, subcontractor defaults, skilled labor shortages, demand for talent, and overall market conditions.Attendees will leave with a better understanding of how sureties evaluate contractor risks, as well as a better perspective on issues a� ecting the industry.

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T6. The Art of Motivation—Bringing Out the Best in PeopleOne of the most di� cult tasks managers face is motivating employees to be enthusiastic about their work and passionate about the organization’s success. Motivating requires a deep understanding of the subtle e� ects that organizational systems and procedures, as well as the workplace climate, have on human behavior. Attendees will hear the advan-tages and disadvantages of intrinsic and extrinsic forms of motivation; learn powerful psychology, leadership, and integrating techniques; and leave with practical tools for achieving motivational success.

T7. Building a Bridge with Subcontractors: The Key to a Successful Project� e relationship between general contractors and their subcontractors can quickly become contentious. Issues such as indemnity and additional insured requirements, consequential damages, scheduling, changes, and wrap-ups, among others, can produce resentments and disputes between parties. In this workshop, representatives from both sides of the bargaining table will reveal the underlying causes of these disputes and discuss alternative approaches for managing these important but delicate relationships for the betterment of both parties.

T8. Back from the Brink: The Challenge of Rescuing a Troubled ProjectWhile almost every project presents some type of troubling issue, some have a dispro-portionate share. Troubled projects lead to delays, cost overruns, accidents, and other outcomes that can turn what looked like a pro� table job into a disaster. We will examine the signs of a project on the brink and provide realistic suggestions for how to avoid this outcome. Owners, contractors, and subcontractors will learn practical contract and risk management strategies to help identify, avoid, and � x a troubled project.

T9. “15 Minutes of Fame”—Making Hard-Hitting Presentations to Senior Management

� e risk manager’s ability to build credibility and forge a strong intracompany network is increasingly tied to the delivery of concise, hard-hitting presentations. In this workshop, learn tips for developing, rehearsing, and delivering impactful presentations that will get you noticed. You will receive guidance on the use of graphics, humor, tempo, handouts, and strong opening and closing techniques—as well as tips on overcoming common public speaking shortcomings. Learn how to make the most of your 15 minutes of fame!

Return PerformanceBuilding a Firm Foundation (BFF)

A 2½-day program designed for those with 3 years or less of experiencein construction risk management or insurance

You will leave inspired, informed, and all shook upby some of the brightest minds in this industry!

Thomas F. Gilbane Jr. Chairman and CEOGilbane, Inc.

CE

Tuesday • WorkshopsNovember 10

Toolbox Talks are short, interactive discussions on an emerging topic, a common problem, or a speci� c aspect of a risk topic.Discussion leaders will have talking points and o� er expertise onthe topic, but questions and comments are encouraged. Attend one

or two Toolbox Talks during the Tuesday Lunch & Learn for a focused and interactive learning experience. � e Toolbox Talks topics will be announced as the Conference approaches.

CE

Toolbox Talks

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Wednesday • Morning WorkshopsNovember 11

W1. The Captive DecisionCaptive insurance companies o� er contractors increased control over almost every aspect of their insurance programs. While captives are not right for every contractor, those that decide to move forward have numerous decisions to make, including the type of captive to choose, where to domicile, at what point reinsurance attaches, and more. See an overview of captive options—including group captives, cell captives, etc.—and an outline of key decisions that will need to be made in choosing or forming a captive.

W2. Contractors Pollution Exposures and Risk Management SolutionsContractors need a clear understanding of their pollution exposures to make sound risk management decisions. � e speaker will use case studies to demonstrate common and not-so-common claim scenarios, show how to evaluate the cost-bene� t of this coverage, and present methods to avoid claims and manage risk. Owners, contractors, and insur-ance representatives will gain an understanding of contractors pollution liability (CPL) insurance, what these products do and do not cover, cost structure, and available markets.

W3. Survey of the Construction Defect LandscapeCoverage for construction defect claims has been one of the most widely litigated insurance issues over the past 2 decades. A� er trending away from coverage initially, over the past 10 years the pendulum has swung back in contractors’ favor. Find out where courts stand on the most commonly disputed issues, such as whether faulty workmanship constitutes an occur-rence, as well as emerging legal arguments such as the application of the contractual liability exclusion in construction defect claims. Legislative developments will also be examined.

W4. Litigation Management Following a Construction Site AccidentExperience shows that a detailed, immediate post accident investigation on a construc-tion project has a dramatic impact on the resolution of claims. Examine cutting-edge techniques employed in investigating accidents to prepare for litigation. Learn about securing critical evidence, preserving witness accounts, protecting privileges, employing cost control methods, transferring risk e� ectively, and using third-party vendors. Partic-ipants will be provided with a road map for how to prepare for lawsuits and streamline costs during an accident response.

W5. Interactive Risk Management Forum� is forum allows for interactive discussion on a variety of current issues and challenges risk managers are facing in the current market environment. Open to anyone employed directly by a construction � rm or a project owner with responsibility for contract negotia-tion or review, safety, insurance program design and procurement, or risk administration, this closed-door setting allows for open dialogue and sharing of ideas on the topics chosen by the participants.

CE

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“The best way to protect your business is to expand your knowledge. IRMI is the #1 place to get information to better serve our clients.” Steven D. Davis • Senior Vice President, Director of Construction Risk Services • McGriff, Seibels & Williams

Wednesday • Afternoon WorkshopsNovember 11

W7. Plugging Holes in Contractors’ Liability Coverage

� is fast-moving workshop will pinpoint common problems, as well as potential “� xes” for gaps in contractors’ general liability and umbrella liability insurance policies. Find out how to maximize the value of your liability insurance program and protect the company balance sheet from a potentially devastating uninsurable loss by closing these common holes in a contractor’s liability program. Even where gaps cannot be closed, contractors who know they exist can make informed decisions about alternative methods of managing these risks.

W8. Let’s Do a Wrap-Up: What Could Possibly Go Wrong?Come explore a wide variety of issues involved in choosing, designing, implementing, and operating a wrap-up. Using a case study approach, experienced panelists repre-senting the owner, contractor, subcontractor, insurer, broker, and legal perspectives will provide stakeholders with information to assist them in designing better controlled in-surance programs and more e� ciently managing claims. Relevant caselaw that suggests potential pitfalls for program enrollees and insurers alike will also be presented.

W9. Practical Ways To Cut Workers Comp CostsWorkers compensation costs are the single biggest component of most contractors’ risk management programs. � is workshop outlines practical steps contractors can take toensure they are not paying more for workers compensation insurance and workers compensation claims than necessary. From basic strategies like verifying correct worker classi� cations and the calculation of the experience modi� er, to more advanced techniques such as deductibles, subrogation, and utilizing the various credits available to contractors, attendees will leave with ideas for trimming and controlling workers compensation costs.

� is program is designed for those with 3 years or less of construction risk management or insurance experience. Join a select group of your peers for a focused 2½-day course learning about the construction process, risk transfer, risk � nancing, insurance, and claims as related to speci� c construction risks. In this interactive curriculum, a dedicated team of experienced construction risk management professionals will share their knowl-edge and provide guidance as you apply what you are learning to real-world exercises and case studies. � is is a unique opportunity to learn from a “who’s who” in construction risk management and develop relationships with leaders in the industry as well as your peers.

(Due to the � uid and interactive nature of the curriculum, this program is not being � ledfor insurance continuing education credits.)

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Obtain Continuing Education Credit� e Conference may provide up to 16 hours of CE, CPE, or CLE credit in most states for insurance agents, accountants, and attorneys. Regulatory bodies have � nal authority on course acceptance and credit amounts. Some states do not allow us to estimate CE hours pending, so hours are posted only a� er approved. Please check to determine approval by your state or applicable governing body.

Insurance Agents (CE)� e Conference is being � led in all states other than Hawaii and New York for insurance CE credit. If approved by your state, attendance may satisfy a substantial portion of your annual CE requirements if you attend the entire Conference!

Attorneys (CLE)CEU Institute is an approved CLE provider in all states with a CLE requirement. In other states, attorneys can usually obtain CLE credit withself-� ling a� er the Conference, and we will provide documents to help you.

Certifi ed Public Accountants (CPE) CEU Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have � nal

authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org

• Group-Live; basic program; no prerequisite or advance preparation required; fi eld of study: specialized knowledge

and applications.

Construction Risk and Insurance Specialist (CRIS®)Attending the equivalent of a full day of the Conference

and submitting required documentation will satisfy the annual continuing education requirement to maintain your CRIS certi� cation.

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“Rhythm is something you either have or don’t have, but when you have it, you have it all over.”

Elvis Presley • King of Rock and Roll

How You Can Register� e fastest way to register and secure your spot is to

register online at events.irmi.com/CRC35.

If you need assistance, please call (800) 827–4242, and ask for an event coordinator.

Reserve Your Spot Early!

• REGISTER in the FIRST 35 DAYS to Save $200

• Risk Managers* Pay 35% in Honor of the 35th Anniversary (for the � rst 35 days) —That’s 65% o� !

• CRIS Designees* Save 15% *Subject to veri� cation

Reserve Your Hotel RoomWhen You Register for the Conference

� e IRMI room block is available on a � rst-come, � rst-served basis IRMI has negotiated a special discounted group rate of $199 + taxes per room (single/double occupancy) at Caesars Palace. All reservations will be handled by Caesars Palace. You will � nd information to make hotel reservations on your Conferencecon� rmation e-mail.

Important Hotel Fraud Information:Do not use third party housing companies to make reservations

at Caesars Palace Hotel and Casino.

Registration Opens July 15

IRMI has left the building.

Thank you, thank you very much.

events.irmi.com/CRC35Register Today at:

5 reasons - irmi

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