Sep. 28, 2022
9:00am - 12:00pm
This training has been cancelled.
This training is located at Concord Community Center, 14 Canterbury Rd. in Concord, NH.
This session focuses on understanding what contracts and contractual terms truly mean and explores the importance of using contracts as an opportunity to transfer risk and minimize liability on behalf of your public entity.
You’ll be better prepared to recognize problematic terms and sidestep areas of high risk for your organization and you’ll learn what it takes to make an informed decision before your pen hits paper.
It is our goal that attending this session will provide you with a sense of awareness about common contractual issues, help you understand how coverage and contracts are interrelated, with the overall purpose of better managing this potentially challenging liability exposure.
Topics to be covered:
- Definition of terms such as contracts, agreements, additional insured, and indemnification in order to better understand the contractual landscape and risk transfer tools available to you
- What’s Covered/What’s Not in the context of contracts
- Classic red flags: indemnification, limitations on damages, additional insureds, choice of law and forum, amount and proof of insurance, waivers of subrogation.
- How to build an effective internal review process.
- The value of “pre-signature thought”
- Common types of contracts
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Mary Beth Purcell
Mary Beth Purcell is the Primex3 Director of Claims. She oversees the Worker’s Compensation and Property & Liability Claims Departments. She joined Primex3 in August 2002 after working for a commercial carrier for ten years. She has developed special expertise in handling public entity claims. Mary Beth has attained her Associate in Claims and Senior Claims Law Associate designation. Mary Beth enjoys teaching part of the Supervisor’s Academy. She is a graduate of Merrimack College. Mary Beth is also a graduate of the Primex3 Emerging Leaders Program.
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Monica Panait
Monica has been with Primex3 since 2001.
She holds a leading role in the Risk Management Services department, supervising and mentoring risk management consultants and other staff in conjunction with the Director of Risk Management.
She continues to work with Primex3 school and county members to address their training, consulting, and risk management needs. Monica holds several industry designations such as Certified Risk Manager (CRM) and Certified School Risk Manager (CSRM) through the National Alliance for Insurance Education and Research and has earned the Program in General Insurance (INS) certification through the American Institute for CPCU and Insurance Institute of America. She is a Certified Playground Safety Inspector (CPSI).
Her areas of expertise include loss mitigation in conjunction with the development of a risk management plan, advising regarding complex liability issues, reinsurance negotiation and placement, training development and delivery, and playground safety.
CEUs
0.3
As an IACET Accredited Provider, Primex3 offers CEUs for its programs that qualify under the ANSI/IACET standard.
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