Event Calendar

Thursday, October 24, 2019

Wood Frame Construction: Underwriting Concerns & Fire Elimination Strategies

Date(s): October 24, 2019

Time: 2:00 PM  EST - 3:15 PM  EST

Multi-story wood frame construction presents challenging exposures for builders risk underwriters.  Historical fire loss experience has been a major concern.  From and underwriting perspective:
- Frame and podium construction: what is it and why is it so prevalent?
- Overview of market losses.
- Underwriting issues.
This session will focus on some of those challenging exposures and the efforts of a national owner/developer to reduce fire loss through their Fire Elimination Program which has four core components:
- Eliminate the Sources of Fire
- Security
- Detection
- Supression

Presented by:
Michael Feigin
Chief Construction Officer
Avalon Bay Communities

Ron Castellanos
Inland Marine Segment Manager
Selective Insurance

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