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Design Build (DB) has become a real concern among professional liability insurance underwriters as we’ve seen an adverse development in claim trends – especially on infrastructure projects. In this episode, Dan and Val Onderka, VP of Underwriting for Ironshore’s Designers & Contractors Professional Liability, discuss some of the reasons behind these claim trends – including what an underwriter is looking for when assessing and selecting a given design build project. Val and Dan also discuss “progressive design build” and changes that all parties should consider in order to reduce their exposures to claims and costly disputes.
5
44 ratings
Design Build (DB) has become a real concern among professional liability insurance underwriters as we’ve seen an adverse development in claim trends – especially on infrastructure projects. In this episode, Dan and Val Onderka, VP of Underwriting for Ironshore’s Designers & Contractors Professional Liability, discuss some of the reasons behind these claim trends – including what an underwriter is looking for when assessing and selecting a given design build project. Val and Dan also discuss “progressive design build” and changes that all parties should consider in order to reduce their exposures to claims and costly disputes.
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