This class is eligible for CLE Passport use. You will be able to select the CLE Passport as your payment method for no additional cost when registering for this course.Credits: 1.0 General Credit hour
Description: Join our expert faculty as they explain the law and give practical advice on analyzing indemnity and insurance provisions and how those provisions interact with primary and excess insurance policies. Among the topics the panel will discuss are the following:
- Indemnity agreements and the scope of indemnity clauses in commercial contracts (e.g., vendor, construction, and other agreements)
- How indemnity agreements and insurance provisions in commercial contracts interplay with insurance coverage, including the distinct types of coverage commonly associated with indemnity agreements
- The key differences between insured contract coverage and additional insured coverage, and the benefits of requiring that your company has additional insured coverage
- Pitfalls to avoid when reviewing insurance contracts
- Best practices to implement in commercial contracts for reviewing indemnity and insurance provisions to better position your company when pursuing indemnity and insurance claims from primary and excess insurers
This fast-paced class designed for in-house counsel, transactional attorneys, and litigators covers key aspects of indemnity and insurance provisions in commercial contracts, including vendor, service provider, construction, leases, and other types of agreements.
Faculty:
Timothy Monahan, Lockton Companies
Sergio F. Oehninger, Morgan, Lewis & Bockius LLP
Jaswant Singh, Morgan, Lewis & Bockius LLP
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