Construction Risk Management WebEd Series Summary

September 27, 2018 | October 4, 2018 | October 11, 2018 | Starting at 2:00 PM EDT

Learn how to protect your business from top construction risks – environmental contamination/spills, fraudulent email scams and subcontractor defaults – with advice from top industry experts. This WebEd series will help you identify the potential pitfalls and provide practical guidance on insurance, bonding and risk management for all of your construction projects.

Membership Status	Single Session Rate	Bundle Rate
AGC Member	$79	$149*
Non-Member	$99	$199*
*Price includes for all three Construction Risk Management WebEds
In recent years, wire transfer fraud schemes have become increasingly common at all levels of business, and in all industries. Construction has not been immune. Although the insurance market for this risk is evolving, frequently there are misconceptions about available coverage, disagreements over claims, and, at times, contentious litigation. This program will review the common ways these events unfold, explore the typical coverage disputes, and identify strategies for securing proper insurance recovery. Don’t miss this opportunity to hear the Federal Bureau of Investigations (FBI) perspective on Business Email Compromise. Learn how scams are used to conduct unauthorized transfers of funds – and find out the latest data and trends, per FBI reports. You will walk away with suggestions on self-protection and what to do if you are a victim. Upon the conclusion of this session, participants will be able to: Identify the most common wire transfer fraud scenarios; Describe proactive measures to avoid or mitigate loss from fraudulent wire transfer; Explain available wire transfer fraud insurance coverage options; Apply effective strategies to obtain coverage for wire transfer fraud claims. Greg Podolak, Partner, Saxe, Doernberget & Vita Gregory D. Podolak has spent his entire career advocating on behalf of policyholders and, over more than a decade, has handled issues involving all lines of coverage. Greg has extensive experience in strategizing risk transfer and assists his clients in all manner of concerns, from coverage placement and drafting contracts to complex litigation. His litigation practice includes successful arguments in courts in multiple jurisdictions, including a $40 million builder’s risk claim in Maryland federal court involving previously unsettled issues of law related to coverage for construction scheduling impact costs; a Florida Supreme Court case ruling that a notice of right to repair is a “suit” and placing the burden on insurers to show why the defense of such a process should not be provided; and a case before the New Jersey Supreme Court holding that damages caused by construction defects trigger CGL insurance. Greg also leads the firm’s Cyber Risk concentration, advising clients in all industries facing exposure in this emerging market and, most notably, successfully argued on be- half of his client in a seminal case before the Connecticut Supreme Court involving a $6 million claim in data breach-related damages that may shape the future of available CGL coverage for cyber-related incidents. In addition to an active practice, Greg frequently collaborates with national insurance brokerage firms and regularly speaks and authors articles on a variety of insurance coverage topics. He is the dedicated commentator on additional insured issues for the International Risk Management Institute (IRMI) Expert Commentary series. Greg has also been named as a Super Lawyers’ Rising Star for five consecutive years (2012 – 2017) and was a recipient of the 2015 Connecticut Law Tribune New Leaders in the Law award. SSA James L. Abbott, Supervisory Special Agent, FBI Headquarters Supervisory Special Agent James L. Abbott is currently assigned to the Money Laundering, Forfeiture & Bank Fraud Unit (MLFBU), a unit within the FBI Headquarters – Financial Crimes Section, which focuses on mitigating the money laundering facilitation threat, posed by both domestic and international money laundering networks. SSA Abbott is MLFBU’s current manger and point of contact for all Business Email Compromise (BEC) investigations, worked under a financial crimes program, throughout the country. In this capacity, SSA Abbott provides guidance to SSAs and Special Agents in all Field Offices and has worked jointly with Transnational Organized Crime units, as well as, Cyber Crime units to better address the threat of BEC from a national perspective. Prior to MLFBU, SSA Abbott was assigned to the Sacramento Field Office and the Boston Field Office. While in Sacramento as a Special Agent, he worked a variety of white collar investigations to include money laundering, mortgage fraud, investment fraud, corporate fraud, and fraud against the government, as well as, transnational organized crime and national street gang investigations. In Boston, SA Abbott was a member of the Boston Joint Terrorism Task Force and investigated money laundering and terrorism financing activities. SSA Abbott has a Master of Business Administration with a concentration in accounting, and has obtained certification as a Certified Fraud Examiner (CFE). Dan Etzel, CRIS, Client Executive, Cobb Strecker Dunphy & Zimmerman Dan grew up in construction which has led to his deep passion for the people and the industry he serves. He prides himself on getting personally involved in his client’s risk management process and figuring out the tools and people that are needed to make his clients world class. He looks well beyond providing the simple insurance transaction, and dives into every facet of his clients’ businesses to ensure proper risk identification and mitigation. Dan has been extremely involved with the construction industry, including Past President of the Twin Cities Construction Financial Managers Association, and Past Board of Director member of AGC of Minnesota. He was also one of the first in Minnesota to obtain the CRIS (Construction Risk Insurance Specialist) designation in 2006/07.

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Three-Part Construction Risk Management WebEd Series - Part 2 - Wire Transfer Fraud: Understanding and Insuring the Risk