The Basics of Inland Marine Insurance: Construction and Transportation

Please join us for this introductory course covering the basics of commercial inland marine, with emphasis on Construction (Builders Risk), including Contractors Equipment, and Transportation. The course has been designed for the new hire (trainee); and specialist with less than two years’ experience; or a more experienced P&C individual who has limited expertise in the commercial inland marine class. 

Topics Include:

• The “nuts & bolts” of commercial inland marine - the Nationwide Marine Definition; filed vs. non-filed classes; basics of policy construction
• Construction or Builders Risk underwriting – types of construction from dwellings to high-rise office towers – understanding the parties to the contract; COPE; understanding forms and coverage; exposure analysis; and extensions of coverage like soft costs and delay in start-up
• Transportation Insurance – legal background; key elements of coverage; underwriting considerations; elements of exposure & severity; importance of financial information; and industry forms and coverages
• Insuring Contractors Equipment – types of equipment covered; types of operations; major underwriting factors; traditional policy terms and conditions found; valuations; deductibles; blanket vs. scheduled; leased vs. rented property; and time element exposure

Pending approval for six (6) IL and TX CE credits for brokers and agents. (Credit Type: General)

Instructed by:

Tony Falcone
President
Intact Inland Marine

Chris Brandser, CPCU, AMIM
Regional President - National Motor Truck Cargo Leader
Intact Inland Marine

Maureen Neugent, 
Underwriting Consultant 
Intact Inland Marine

Registration: $150 
Ticket includes course, breakfast, and lunch.

Limited to 40 attendees.