Join us in our next webinar, titled “Steering Clarity on C.A.R.” on Thursday, 10^th September 2020 at 3.00 p.m. MYT (GMT+8).

Developers, Employers, and Contractors must make certain to protect their capital investments against damage or destruction to the ongoing works or raw materials at the worksite. Conjunctionally, they must understand the day-to-day risks that Subcontractors, Engineers, Architects, Quantity Surveyors, Project Managers, and even Financial Institutions undertake by their involvement in a construction project. Not to be forgotten, “Who, then, in law, is my neighbour?” are potential third-party liability claims. The upshot is that Contractor’s All Risk (“CAR”) insurance policies may mean different things to different parties. 

It is imperative that parties, particularly the Employer and Contractor, appreciate the extent of their responsibilities in ensuring that all of their requirements are included in their CAR policies, in a clear, unambiguous manner. A specially designed and drafted CAR will best cater to the needs of all parties, and a wide coverage will be able to address many insured hazards and losses.

Join our panel of experts for a thorough understanding of CAR coverage including the validity of certain clauses and legal challenges against them, the best and blights of standard form contracts which come ready with liability clauses, and negotiations which must be undertaken before finalising a risk policy.

To register, please click on: https://bit.ly/AIAC10_9