Aon | Professional Services Practice
2022 Aon Construction Professional Liability Conference – Webinar Recordings
The Construction Professional Liability team at Aon hosted a two day in-person event on June 1st and 2nd, 2022 at The Chicago Fairmont Millennium Park Hotel.
These recordings are available to our clients, prospects and insurer partners. If you’d like to request access to the webinar series, please contact Michael Earp.
The theme of the conference was “solutions, not problems” and alternatives to current limitations were emphasized during the sessions.
Each panel featured industry leaders in construction, design, and professional liability insurance.
What keeps you awake at night?
Risk managers within the construction field face difficult and diverse risks – one of which is the responsibility challenges surrounding professional services. All parties to a construction project recognize the importance of effective risk management, and the financial consequences that often flow from misjudgments and professional lapses relating to design services. This panel of experienced construction risk managers discussed current issues of critical importance to design risks and how they might look to protect their firms from professional liability claims in the future.
Mark Peterson, Aon
Brigitte Roy, WSP
Ernie Edgar, Atkins
Tammy Pike, Kiewit
Turbulent waters for design risk: project and corporate policies
This panel considered what alternatives are available to designers and contractors in the project professional liability arena. The panel examined such topics as:
- Are higher self-insured limits inevitable and if so, how are those risks equitably distributed?
- Is Rectification coverage sustainable?
- Are extensions to project policies viable in today’s market?
- Are Material Variation Endorsements helpful or a hindrance?
Dawn Gournis, AXA XL
Ted Wickenhauser, McCarthy
David Hatem, Donovan Hatem
Owners perspective: Real life or simply fantasy
Do owners understand the protection professional liability offers them? Should owners control Material Variation Endorsements? Owners Protective Professional Indemnity - a solution or just an additional cost? Should rectification and mitigation be excluded from project policies? Defense costs outside the professional liability policy limits?
Jaap Vrolijk, Bechtel
Yukiko Kojima, Nossaman
Scott Nissen, Aon
Geotech Risks: Whose land is it anyway?
Unidentified geological conditions are creating significant problems for engineers, architects and design-build contractors on both civil and building projects. Far too often differing site condition risks are being shifted via contract resulting in inequitable, and sometimes disastrous, results. This panel analyzed what you need to know to get “grounded” when submitting your bids, and how owners, contractors, and design professionals, may consider the incorporation of more equitable risk sharing provisions beyond reliance upon professional liability insurance.
Rodney Taylor and Terry Tennant, Aon
Louis Armstrong, Kleinfelder
Sam Rainey, McCullough P.C.
Juan Rodriguez, Ferrovial
Collaborative procurement methods: Will they minimize professional liability claims?
This panel asked: Is progressive design build a better professional liability risk? How can Integrated Project Delivery be insured if there is no negligence between the parties? Is Collaborative Project Delivery real? How are third parties protected? What type of information risk sharing is required for professional liability insurers to be able to underwrite these risks?
Marty Andrejko, BHSI
Aaron Bunner, Cleveland Clinic
David Mender, IBI
Aon is not a law firm or accounting firm and does not provide legal, financial or tax advice. Any commentary provided is based solely on Aon’s experience as insurance practitioners. We recommend that you consult with your own legal, financial and/or tax advisors on any commentary provided by Aon. The information contained in this document and the statements expressed are of a general nature and are not intended to address the circumstances of any particular individual or entity.
Architects & Engineers Practice Leader