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Subcontractor Default Insurance: Best Practices for Claim Preparation and Coverage Strategy to Streamline the Claim Process

September 2017

Listen to Recording (CLE/CPD Credit Available)

The number one cause of subcontractor default is overextension of financial and operational resources. As the economy grows, subcontractor defaults are on the rise. While SDI provides improved coverage terms with claim payment provisions that are intended to streamline the process, many insured’s have experienced difficulties working through the SDI claim process that includes extensive RFI’s, cost allocation documentation and coverage interpretations that can materially impact the outcome.
 
This Subcontractor Default Insurance Webinar provides the latest coverage developments and claims handling strategies to improve the outcomes for CM’s, GC’s, Owners and Lenders that are relying on the coverage provided by the SDI policy.
 
Who would benefit from this seminar? General Counsels, Risk Managers, CEO’s, CFO’s, COO’s and Project Management Professionals working for CM’s or GC’s that have purchased an SDI policy as well as lenders, owners and other professionals serving the construction industry.