The Risk Transfer Dilemma


Risk transfer is a critical component of construction projects—but it may not always be clearly understood.

As projects become more complex and claim activity evolves, construction firms are often evaluating which risks can be transferred, which can be mitigated, and which ultimately may be retained.

RiskTransferDilemmaCovers
See how contractual risk transfer may shift responsibility across project stakeholders and where gaps and overlaps may arise. This can help evaluate:  
  • Contractual risk transfer: How contracts may be used to shift responsibility between parties
  • Allocation of risk: Which risks may be transferred versus retained  
  • Gaps and overlaps: Where responsibility may be unclear or duplicated  
  • Business considerations: How risk allocation may influence negotiations and project decisions  

If you’re evaluating how risk is structured across your projects, you may benefit from a conversation with a Risk Advisor.

Speak to an Advisor

IMPORTANT NOTICE: The opinions and statements herein are intended for general informational purposes only and should not be viewed as a substitute for any legal, regulatory or other advice on any particular issue or for any particular reason.  The advice of a professional should always be obtained before purchasing any insurance product or service, and you should not rely on the information provided herein for the prevention or mitigation of risks or as a full and complete explanation of coverage under any insurance policy or as a full and complete explanation of terms and conditions of any services offered.  While the information provided herein has been compiled from sources that are believed to be reliable, no warranty, guarantee or representation, either expressed or implied, is made as to the correctness, sufficiency or adequacy of such information.