IMUA and IBANY Team Up for Builders Risk Seminar

NEW YORK - Sept. 6, 2016 - PRLog -- The Inland Marine Underwriters Association (IMUA) and the Insurance Brokers of New York (IBANY) have teamed up to present an advanced builders risk seminar entitled Builders Risk: Under the Foundation -- Key Issues for Brokers, Underwriters and Loss Control/Claims Folks.

This joint seminar, produced by IMUA's advanced education arm—ER Engineered Risk Management, will take place onThursday, October 6, 2016, from 9:00 AM – 12:30 PM at Wells Fargo Insurance Services USA, Inc., Conference Center, 150 East 42^nd Street, New York, NY 10017.  The cost is $75 onsite and $65 remote.

In making the announcement, Kevin O'Brien, IMUA President and CEO, said, "Thiscollaborative effort between IBANY and IMUA is designed for industry professionals that already have an understanding of builders risk coverage.  Both organizations recognize that while builders risk insurance may seem to be a pretty straight forward coverage there are many issues that can arise leading to coverage gaps, claim problems and unhappy clients."

Among the topics to be covered are:

·       Hazards of insuring builders risk coverage on a property policy

·       Faulty design and workmanship exclusions

·       Renovation projects, green building and historical tax credits

·       Delay/soft costs – what's covered and establishing limits

·       Forensic accounting and soft cost/delay claims

Presenters for the IMUA and IBANY seminar are Rich Soja, Sr. Vice President, Inland Marine Tokio Marine Management and Troy Wilson, Senior Vice President, J.S. Held, LLC.

To register for this event visit imua.org or ibany.org.  This seminar has been filed for CE credits in New York and New Jersey for onsite attendance only.  For more information, contact IMUA at 212-233-0550 or visit the website at http://www.imua.org.