Risk Management
Insurance
Risk Transfer

There are basically three kinds of indemnity or hold harmless clauses typically contained in contracts

An assumption of risk form (also called a liability waiver, release, or disclaimer) is appropriate to reduce risk

Answer: not unless the indemnitee has a judgment for indemnity against the indemnitor

The issuance of certificates of insurance is dangerous

Understanding the purpose and limitations of Understanding the purpose and limitations of a certificate of insurance

A manual to assist agency staff who draft and review contracts

Consists of three articles on the subject

Online slide presentation covers the basics

Includes sample language for an LOL clause

A discussion of hold harmless agreements as related to the construction industry

Full text of a university's policy on hold harmless and indemnity agreements

Analysis of indemnification court cases in New York, California, Indiana, Minnesota

Example of Minimum Limits Guidelines for the exposure level of various jobs & insurance requirements for them (PDF)

Full text of a hold harmless agreement and insurance contract requirements used by a state agency

The importance of certificates of insurance and written agreements when hiring subcontractors

Insurance, bonding and indemnification recommendations when using outside contractors

Example of a policy statement relating to certificates of insurance when hiring vendors

How to employ risk transfer as a strategy for protection

A discussion of certificates of insurance, written contracts and agreements, recordkeeping

A series of sample agreements for service contracts, environmental services and consulting, professional services

These guidelines can help reduce the exposure created by hiring contractors/subcontractors

Several lessons regarding the indemnity issues between the owner, contractor, and subcontractor can be learned

Do not add language to certificates of insurance that might be construed as a change in policy form

Can include a wide range of coverages

Collecting Third Party requirements

Full text of a risk management program for vendor certificates of insurance

Basics about the Certificate of Insurance (COI)

Results of input from risk managers

A waiver of subrogation does not prevent an injured subcontractor's employee from filing suit against the contractor