Newsletter

Resource Spotlight: Contractual Risk Transfer Manual

Did you know the Contractual Risk Transfer Manual was designed to be a resource for membership staff responsible for drafting agreement specifications? It includes everything from what indemnification is to reference material on contractual risk transfer, indemnification and insurance specifications guidelines, risk allocation, financing techniques, separation of permits and facility use agreements, independent contractor agreements, and more.

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The purpose of the manual is to guide the user in writing proper insurance specifications for contracts and obtaining insurance compliance. The manual also assists members in answering insurance specifications and indemnity questions and helps with processes and techniques for allocating risk using risk transfer principles.

Membership staff interested in learning more about reviewing a certificate of insurance and endorsements, what a waiver of subrogation is, recommended insurance requirements and provisions such as primary/noncontributory, etc., should reference the manual. For additional support on using the manual, contact your regional risk manager.

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