Hamilton, NJ, August 19, 2015 --(PR.com
)-- Jeff Slivka, chief operating officer and executive vice president at New Day Underwriting Managers LLC, a leading construction-related professional liability and environmental resource firm for retail insurance agents and brokers, will host the “Contractors Professional and Pollution Liability Market Update” workshop at the 35th IRMI Construction Risk Conference to be held November 8 - 11, 2015 in Las Vegas, Nevada.
Scheduled for Monday, November 9 at Caesar’s Palace, the session will cover the recent trends and developments in the construction insurance marketplace such as newly identified exposures, the growth in mitigation coverage, availability of desirable coverage enhancements, and recent entries and exits. This includes providing a Market Update on the latest forms, advancements and supplemental coverages surrounding the evolving Contractors Pollution Liability (CPL), Pollution Legal Liability (PLL), Contractors Professional Liability (CPrL) and Owners Protective Professional (OPP) marketplace.
“Over the past few years, the contractor’s typical role in the construction process has changed dramatically,” says Slivka. “Growing design build risks are exposing contractors, designers, sub-contractors, builders and owners to ever-increasing liabilities during the construction lifecycle. The regulatory landscape along with the ongoing demand for green building techniques have left many construction companies and commercial project owners to navigate through unchartered waters should devastating circumstances arise.
“Although contractors professional and contractors pollution liability insurance policies have been around for decades, it has taken time for the market to mature and stabilize. IRMI is the ideal forum for helping building professionals and owners to better understand the potential pitfalls and the methods for strategically managing risks. This presentation will identify the various professional liability exposures that can jeopardize a project’s profitability in today’s environment as well as the methods for protecting against environmental and construction-related problems before they occur.”
For more information on the “Contractors Professional and Pollution Liability Market Update” workshop at the 35th IRMI Construction Risk Conference please contact New Day Underwriting Managers at 609-298-3516 or visit www.newdayunderwriting.com.
About New Day Underwriting Managers LLC
New Day Underwriting Managers LLC is a specialty resource for agents and brokers, assisting them and their clients find appropriate, high-quality environmental and construction-related professional liability insurance coverages. The company offers agents and brokers single-point access to an ample portfolio of products and services provided by the nation's largest environmental and professional liability insurance providers. More information about the company is available on their website at www.newdayunderwriting.com.