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Insurance Requirements in Contracts (IRIC) Training for Schools

Overview

Do you really understand the hold harmless and insurance requirements in your district's contracts? And what about those insurance documents you receive from the contractor’s agent? Will they protect you if the contractor causes damages your district may have to pay? Are they worth the hassle?

This virtual workshop will address the following contractual risk transfer topics:

  • What is it: Understand the process of transferring risk from your district to others, including identifying the risk, specifying the right indemnity and insurance protection, and ensuring compliance.
  • What to ask for: Receive good examples of “Hold Harmless” agreements, learn what they mean, and understand their limitations. Recommended insurance requirements for most types of contracts will be provided and discussed.
  • Did you get what you requested: Learn how to review the documents you receive to tell if they provide the coverage you requested, including Certificates of Insurance and the endorsements that are appropriate and binding.

The intended audience for this event includes school district contract managers, risk managers, legal counsel, purchasing agents, and anyone who wants to understand risk transfer and insurance requirements in contracts to protect their district from loss.

This virtual workshop is being hosted by Alliant Insurance Services and is available at no additional cost to PRISM school members.

Need More Info or Help?
We hope you can join us. Feel free to contact Cynthia Le for more details.

Phone: (949) 527-9633
Email: Cynthia.le@alliant.com

Event Type

Webinar

Meeting Date

  • Wednesday, February 28, 2024
    10:00 AM – 11:30 AM

Webinar Information

Webinar Link

Webinar Location:
Zoom

Event Documents