builders risk coverage and claims - saxe ... . saxe is one of the panelists for workshop t3,...
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Tuesday, November 139:00 a.m.noon and 1:304:30 p.m.
BUILDERS RISK COVERAGE AND CLAIMS
Steven A. CoombsPresident
Risk Resources, Inc.
William B. NoonanVice President
Risk ManagementStructure Tone Organization
Tracy Alan SaxePartner
Saxe Doernberger & Vita, P.C.
Vincent ZegersNational Construction
Placement SpecialistProperty PracticeMarsh USA, Inc.
William S. McIntyre IVChairman
American ContractorsInsurance Group
Builders risk insurance is a key element of a constructionrisk management program. Because it is a nonstandardcoverage, policy terms and provisions vary, which makesunderstanding and arranging appropriate coveragechallenging. Disputes on claims can arise from a variety ofsources, including cause of loss, waivers of subrogation, anddelay damages, application of sublimits, and more. Thispanel will examine some of the more complex andproblematic coverage and claims issues encountered inbuilders risk insurance, including contractors need for amaster builders risk program when the project owner isproviding coverage.
opyright 2012 International Risk Management stitute, Inc.
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XLGroup_IRMI Conference Tab_2012.indd 1 6/21/2012 9:59:06 AM
William McIntyre IVChairman
American Contractors Insurance Group
Mr. McIntyre is cochairman of this Conference, and he is moderating Mondays General Session as well asthe panel for Workshop T3, Builders Risk Coverage and Claims, on Tuesday. For more than 40 years, Mr.McIntyre has been involved in the insurance industry. He is Chairman of American Contractors InsuranceGroup, Ltd. (ACIG), in Dallas. ACIG is construction-industry-owned. Mr. McIntyre has been very activeover the years with the Associated General Contractors of America, writing articles and reviewing indus-try contract documents. He has written many articles on insurance and risk management for constructionand insurance industry trade journals. He coauthored 101 Ways To Cut Business Insurance Costs, publishedby International Risk Management Institute, Inc. (IRMI). Mr. McIntyre also is a technical adviser for IRMIsreference manual for contractors, Construction Risk Management.Steve Coombs, ARM, CPCU
PresidentRisk Resources, Inc.
Mr. Coombs is one of the panelists for Workshop T3, Builders Risk Coverage and Claims, on Tuesday. Mr.Coombs has 34 years of industry experience, with the last 28 years in a consulting environment. Prior tothat, he was a national accounts underwriter for a large international insurance group. Risk Resources is arisk management and commercial insurance consulting firm based in LaGrange Park, IL. Risk Resourcesdoes not sell insurance and provides consulting services on a fee-for-service basis. Common projects includerisk management and insurance audits, insurance RFPs/proposal management, wrap-up feasibility reviews,agent/broker/administrator selection, risk financing studies, litigation support, and testimony.Mr. Coombs has significant experience in underwriting and consulting on builders risk insurance programs,while representing owners, developers, design teams, construction managers, and general contractors. Hehas extensive knowledge and experience regarding various aspects of construction insurance. He is a coau-thor of The Builders Risk Book, published by IRMI. He is an IRMI Expert Commentator on builders risk issues.He is also a former president of the Society of Risk Management Consultants.Mr. Coombs is a graduate of Western Michigan University with a Bachelor of Business Administrationdegree. He also holds an M.A. from DePaul University with a concentration in Risk Management and Insur-ance. He has earned the Associate in Risk Management (ARM) certificate from the Insurance Institute ofAmerica and received the Chartered Property Casualty Underwriter (CPCU) designation.
William NoonanVice PresidentRisk Management
Structure Tone Organization
Mr. Noonan is one of the panelists for Workshop T3, Builders Risk Coverage and Claims, on Tuesday. Mr.Noonan is the chief risk officer/vice president of risk management for the Structure Tone Organization,which includes Structure Tone Inc., Pavarini Construction Company, Pavarini McGovern, and ConstructersConstruction Company. The Structure Tone Organization performs interior fit out construction, renova-tion, and new core and shell construction with an annual construction volume of more than $2 billion.In his role as vice president of risk management, Mr. Noonan oversees the corporate insurance programand the rolling contractor controlled insurance program and leads risk management initiatives through-out the organization. Mr. Noonan holds the CRIS and MLIS certifications from International Risk Manage-ment Institute, Inc. (IRMI).Prior to working at Structure Tone, Mr. Noonan has 21 years experience in the risk management industry,and prior to working at Structure Tone, he served as a regional director for Turner Constructions Casu-alty and Surety Division. Mr. Noonan is a speaker at many national conferences and seminars, includingthe IRMI Construction Risk Conference. Tracy Saxe
PartnerSaxe Doernberger & Vita, P.C.
Mr. Saxe is one of the panelists for Workshop T3, Builders Risk Coverage and Claims, on Tuesday. Mr.Saxe is a skilled commercial litigator with more than 25 years of trial experience. Since 1990, he hasfocused his practice on insurance coverage issues, disputes, litigation, and trials on behalf of policyhold-ers, handling cases involving coverage for comprehensive general liability, directors & officers, profes-sional liability, builders risk, subguard, first-party property damage, additional insured, business inter-ruption claims, and crime bonds. Mr. Saxe has handled cases involving coverage for construction defects,completed operations, product liability, property damage and bodily injury related to mold and asbestos,bodily injury related to construction, sick building syndrome, environmental claims, business interrup-tion, employment disputes, patent infringement, contempt, RICO, unfair practices, breach of fiduciaryduty, bad faith, and professional malpractice. Mr. Saxe was a principal at the law firm of Sachs, Berman, Rashba & Shure, P.C., from 1987 to 1994. Hejoined that firm following 4 years as an associate with Wofsey, Rosen, Kweskin & Kuriansky in Stamford,Connecticut. He left in 1994 to open the Connecticut office of Anderson, Kill, Olick & Oshinsky, and in 1996founded Saxe Doernberger & Vita, P.C.Mr. Saxe holds a J.D. from Georgetown University Law Center, 1983; and a B.A., Policy Studies, magna cumlaude, Phi Beta Kappa, Syracuse University, 1980.He is American Bar Association Insurance Coverage Litigation Committee (ICLC) Construction Sub-com-mittee Cochair and ABA ICLC Program Committee Co-Vice-Chair.
Vincent ZegersNational Construction Placement SpecialistProperty Practice
Marsh USA, Inc.
Mr. Zegers is one of the panelists for Workshop T3, Builders Risk Coverage and Claims, on Tuesday. Mr.Zegers is a Placement Specialist focusing on constructionConstruction All Risk, Builders All Risk, Erec-tion All Risk, and Installation Risks. In addition to driving placements in the market, Mr. Zegers also assistson new business production. Mr. Zegers combines the technical expertise of an engineer with the innova-tion of a creative underwriter to assess and creatively manage construction risk. Mr. Zegers is located inMarshs Chicago, Illinois, office.Prior to joining Marsh in 2011, Mr. Zegers was a managing director in the global property solutionsdepartment at another large broker. He was responsible for structuring property and contingency risksolutions for complex construction projects, and projects located in regions exposed to catastrophic risk.He has over 30 years of underwriting experience in the international (re)insurance marketplace, and willfurther enhance the companys ability to structure creative solutions utilizing global risk capital. He hasalso previously held a number of senior leadership positions with Swiss Re both in the United States andEurope.While working in Europe, Mr. Zegers started his career as a loss ad