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Session III: Faulty Workmanship and Ensuing Losses ...
Session III: Faulty Workmanship and Ensuing Losses: Workmanship Exclusion: The Contractor Perspective
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Tammy Pike, Group Insurance Manager at Kiewit Corporation, oversees insurance for a company with over 125 years of construction experience, operations across North America, and a strong emphasis on safety and quality. Kiewit's focus is on infrastructure (50%), industrial (39%), building (7%), and mining (4%) projects. The company has been recognized as a FORTUNE 500 company and a top contractor by Engineering News-Record for several years. Despite being responsible for workmanship quality, Kiewit faces challenges with language related to workmanship exclusions in insurance contracts, such as defining "ensuing damage" and "application of the exclusion to an entire operation." They aim for clear and broad exclusion language to manage and transfer risks effectively. The key takeaway is that while ensuring quality is crucial, mitigating risks from potential mistakes and having comprehensive insurance coverage are equally important for Kiewit Corporation.
Asset Caption
Presented by:
Tammy Pike, Group Insurance Manager, Kiewit Corporation
Keywords
Tammy Pike
Group Insurance Manager
Kiewit Corporation
construction experience
North America operations
safety and quality
infrastructure projects
industrial projects
FORTUNE 500 company
workmanship exclusions
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