Building Strong Foundations: Mastering Construction Contracts to Avoid Costly Pitfalls

Contracts are the foundation of every construction project—no matter the size or number of teams included. These contracts detail the responsibilities, expectations and protections for the property and for all parties involved, safeguarding your investment---or so it seems. Far too often, the fine print is skimmed, key clauses are ignored, reviews are rushed and expert resources, such as an insurance broker, are left untapped, and it’s only when the unexpected occurs that these gaps are exposed.

In a field where small oversights can lead to costly claims, project delays and significant losses, ensure your contract is well-vetted and ironclad before your project breaks ground. In our upcoming webinar, our national construction insurance authorities and experienced claims consultants will uncover common gaps and oversights and share insights about how to better protect your projects, mitigate risk and ensure smoother contract execution for long-term success.

Agenda

  • Speaker and company introductions:
  • Construction Contracts 101: The Good, The Bad, The Ugly
  • Insights to Avoid Costly Pitfalls
  • Question and Answer
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Register for Mastering Construction Contracts, a Webinar

Tuesday, Sept. 24 2024
12:00-1:00 p.m. CT 

Meet the Experts: About Our Speakers

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Chris Mosley
Partner, Foley Hoag

Chris is a partner in Foley Hoag's Insurance Recovery practice. He specializes in representing corporate policyholders in disputes against their insurers. He also advises companies on various risk management issues, including the development of complex insurance programs and assistance in due diligence and other activities related to M&A and similar activity.

Throughout Chris’ career, he has helped businesses recover more than $150 million from insurance companies. His expertise extends to all types of commercial insurance policies in virtually all industries.

Chris is the former national Chair for the Insurance Coverage Litigation Committee of the American Bar Association’s Tort Trial & Insurance Practice Section. Chris has also been selected as a Fellow in the American College of Coverage Counsel, where he serves as a board member. Chris has been selected Colorado’s Policyholder of the Year twice and honored as a Top 100 Colorado lawyer since 2016.

Chris regularly speaks on insurance coverage issues and has authored several articles and advisories addressing insurance-related issues, including multiple presentations and publications addressing insurance coverage for pandemic-related losses. He has also been involved in some of the most significant and groundbreaking legislation benefiting corporate policyholders in Colorado.

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Brooke Yates
Partner, Foley Hoag

Brooke is a partner in Foley Hoag’s Litigation and Insurance Recovery practices. Corporate policyholders come to Brooke for comprehensive and practical guidance on a variety of insurance coverage issues and litigation. She represents policyholders from all industries nationally and internationally and regularly speaks on insurance and construction issues. 

Brooke graduated from the University of Denver, Sturm College of Law, and serves as the Partner in Charge of Foley Hoag’s Denver office, which opened in 2023.

She is Ranked by Chambers USA as one of Colorado’s leading insurance lawyers and listed in Best Lawyers in America for Commercial Litigation (2023-2024), Insurance Law (2018-2024), Litigation – Construction (2023-2024), and Litigation – Insurance (2022-2024), and was voted People’s Choice for Barrister’s Best Insurance Lawyer for Defendants in Law Week Colorado (2023).

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Heidi Springer, ARM, SCLA, CCLA, LPCS
Sr. Claims Consultant, Virtus

Heidi is a seasoned insurance and claims consultant with 17 years of experience. She advises companies across a variety of industries about complex insurance programs, risk control principles and claims management. She has specialized knowledge of coverage requirements, liability concerns and potential exposures that may not be immediately apparent.

Heidi develops and implements necessary controls and comprehensive risk management programs, as well as conducts thorough contract reviews and analysis to uncover coverage gaps, helping companies reduce their exposure, mitigate risks and better protect their business.

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Matt Holt, CPCU, ARM
Partner, Construction, Virtus

Matt has 15 years of insurance experience with an emphasis on commercial clients in the construction market. Matt has significant experience with captives, loss sensitive programs, retros, CIPs, joint ventures, surety and master/rolling builders’ risk placement. His expertise spans a variety of client types, ranging from startup contractors to large general contractors with revenues of $10+ billion.

As the Practice Leader for our National Construction Practice at Virtus, Matt oversees a team of six who most have worked together since 2015. This gives clients access to one of the most well-versed and experienced teams in construction who collectively leverage their carrier relationships to secure the best coverage at the most competitive rates.