Join Nancy Draughon from Marsh for an engaging and interactive session focused on contract review fundamentals and risk transfer best practices. During this hands-on workshop, Nancy will walk participants through the key provisions commonly found in contracts and explain how specific insurance language can either protect or expose an organization to unnecessary risk.

Using real-world examples, attendees will review both well-written contract provisions and poorly drafted language to learn how subtle wording differences can significantly impact insurance requirements,  overall risk allocation, and an insurance perspective on limitation of liability and indemnification clauses. Participants will work through contract scenarios, identify potential red flags, and discuss practical strategies for negotiating stronger terms.

Learning Objectives:

• Recognize contract language that effectively transfers and manages risk.
• Identify common contractual provisions that may create  uninsured liability.
• Understand, from an insurance perspective and key clauses such as indemnification, insurance requirements, limitations of liability, and hold harmless agreements.
• Develop confidence in reviewing contracts and spotting potential concerns before execution.
• Apply contract review concepts through interactive exercises and group discussion.

Session Format:

• Review of common contract provisions
• Side-by-side comparison of strong vs. weak contract language
• Interactive contract analysis exercises
• Group discussion and participant Q&A
• Practical takeaways and contract review tips