Well-written, Clearly-Defined Contracts Make for Successful Outcomes

Posted by & filed under Published Articles.

by Walter J. Adams, Jr., Berkley Alliance Managers, a Berkley Company

Once again, the American economy is in flux. We’re all now in a wait-and-see game with a virus that is endangering the well-being of both individuals and businesses worldwide.

For some contractors, the projects scheduled before COVID-19 will move forward without delay. Others will be placed on hold or cancelled which will jeopardize the incomes and livelihoods of our nation’s contractors, subcontractors, engineers and architects.

As a result, the written contracts agreed upon between all parties have never been more important. Given the unpredictability shadowing the entire construction industry, plus state and federal regulations and mandates changing daily, every detail of every project should be clearly defined. Agreements that carefully state the risks, roles, responsibilities and rights of every participant, including subcontractors, are essential for ensuring successful, profitable outcomes during the best of times, let alone when circumstances are uncertain at best.

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Berkley Design Professional’s BDP Risk® Learning Management System Named Brandon Hall Group 2020 Silver Excellence Award Winner

Posted by & filed under News Releases.

Monterey, Calif. (November 17, 2020) – For the second consecutive year Berkley Design Professional (BDP), a division of Berkley Alliance Managers, a Berkley Company, has won a Brandon Hall Group Excellence Award for Learning for its BDP Risk® Learning Management System. The 2020 Silver Award for “Best Advance in Custom Content” recognizes Berkley Design Professional’s successful efforts to increase client retention and to help design professionals improve their business practices and decrease claim frequency.

“This year we had a remarkable increase in the number of BDP Risk® users and tripled our course participation,” said Diane P. Mika, vice president and director of risk management education at Berkley Design Professional. “But perhaps the strongest indicator of success is our confirmation of the relationship between risk management education participation and a decrease in claims.”

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Complimentary Webinar: Trends in Outsourcing Responsibilities to Architects and Engineers: Maximizing Opportunities and Minimizing Risk of Self-Certifications and Special Inspections

Posted by & filed under Events.

Presented by:
Thomas M. Fleming II, Esq., Partner, Milber Makris Plousadis & Seiden, LLP
Patrick F. Palladino, Esq., Partner, Milber Makris Plousadis & Seiden, LLP
Jennifer M. Netska, Esq., Associate, Milber Makris Plousadis & Seiden, LLP
Introduced by: Andrew D. Mendelson, FAIA, Senior Vice President, Chief Risk Management Officer, Berkley Design Professional

Wednesday, December 2, 2020
10:00 am – 11:30 am Pacific Time
1.5 AIA CES LUs
1.5 RCEP PDHs
Health Safety and Welfare Qualified

Berkley DP policyholders who participate in this program can qualify for a 15% Risk Management Education credit. Contact your agent for further information*

This webinar has been recorded and is available on demand for Berkley Design Professional policyholders and our appointed agents and brokers on the BDP Risk® Learning Management System.

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