ERIS

Contractual Risk Transfer in Energy

Course Details

price
$149.00
This course is not subject to discount pricing.

Additional Credit Available:

Add AFIS Renewal Credit
Add CRIS Renewal Credit
Add MRIS Renewal Credit
Add MLIS Renewal Credit
Add TRIP Renewal Credit
Add Insurance CE

Delivery Method: 

QAS Self-Study

PDF Download: 

Available

Provider of Record: 

WebCE

Field of Study: 

Specialized Knowledge

Prerequisites: 

None

Access Period:

12 months

Exam Requirements

Proctor Required: 

No

Passing Grade: 

70%

Questions: 

50

Retakes: 

Unlimited

Please note: Adding Additional Credit may change exam requirements.

Overview

The agreements between the parties involved in energy projects are various contract documents. These contracts impose duties, obligations, and liabilities on various parties. Although careful attention may be paid to the operational issues these contracts address, often little or no attention is given to their risk and insurance implications. This course examines the structure of contracting relationships and the key provisions in which responsibilities and liabilities are allocated to the contracting parties and suggests methods to equitably allocate these liabilities.   

Learning Objectives

  • identify problematic energy contract provisions, and propose appropriate recommendations in the draft or negotiation of contract insurance requirements; 
  • identify gaps between contractually assumed liabilities and contractual liability insurance coverage, and assist in obtaining compliance with additional insured coverage requirements; and
  • identify suitable recommendations and strategies for fairly and legally allocating energy contract risks. 

Designed For

Property and casualty risk, safety, insurance, and finance professionals

International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

Advanced Preparation

None

WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9308.