Demystifying Insurance in Public Procurement Part 3: Mastering Advanced Insurance Concepts

Date: September 25, 2024
Time: 1:30 pm - 2:30 pm
Location: Virtual

This third installment in our four-part series empowers you to navigate the complexities of advanced insurance topics, ensuring your college contracts provide the highest level of protection. Gain in-depth knowledge to navigate complex coverage considerations and make informed decisions.

Throughout this session, we’ll discuss:

  • California Admitted vs. Non-Admitted Carriers: Gain clarity on the regulatory environment and understand the key distinctions between admitted and non-admitted carriers.
  • Self-Insured Retentions: Demystify self-insurance, assess its applicability for your institution, and explore strategies to manage risk and ensure financial stability.
  • Waivers of Subrogation: Grasp the concept of subrogation and its implications. Learn to identify situations where waivers are necessary and how to incorporate them effectively into your contracts.

Register today and gain the knowledge and confidence to make strategic insurance decisions for your campus!


About the Demystifying Insurance in Public Procurement Series

The ever-changing landscape of public procurement can feel overwhelming, especially when navigating intricate insurance requirements. Whether you’re new to procurement or seeking to refine your existing knowledge, this four-part series, designed and delivered by the CollegeBuys Professional Development Workgroup specifically for California Community College procurement professionals, equips you with the tools to confidently manage insurance requirements and ensure successful project execution.

Gain Invaluable Knowledge Across Four Webinars:

  • August 21 | 1:30PM-3:30PM Introduction to Insurance Requirements: Establish a solid understanding of insurance in public procurement. Explore key contract terms, different types of coverage, and the review and approval process.
    Register for Part 1
  • September 11 | 1:30PM-2:30PM Special Insurance Needs in Public Contracts: Stay ahead of the curve by learning about special types of insurance, including cyber security, sexual abuse and molestation, and special event coverage.
    Register for Part 2
  • September 25 | 1:30PM-2:30PM Mastering Advanced Insurance Concepts: Equip yourself with advanced knowledge on California-specific regulations, self-insured retentions, and waivers of subrogation.
    Register for Part 3
  • October 9 | 1:30PM-2:30PM Construction Contracts Demystified: Focus on construction-specific coverages such as payment and performance bonds, the differences between bonds and insurance, OCIP policies, builder’s risk, and pollution liability.
    Register for Part 4