| Monday, April 7, 2008 | |||
9:30 AM-11:30 AM 202 -- E. Morial Convention Center | |||
Risk Management Issues Affecting ACS/AIChE Consultants From An Underwriter's Prospective | |||
| Sponsored by: | WORKSHOP | ||
| Risk Management Issues Affecting ACS/AIChE Consultants - An Underwriter’s Perspective on Professional Liability. Sponsored by the Board of Trustees, Group Insurance Plans for ACS Members and AIChE Professional Member Benefits. The ACS/AIChE endorsed Professional Liability insurance program protects the professional and personal financial interests of chemical consultants and chemical engineers. Underwritten by Lloyd’s of London, the plan was designed to fit the needs of chemical professionals. This free workshop may be of significant interest to you if you are a: - Consultant - Small Business Owner - Part-Timer - Retired/Semi-Retired - Academic, providing independent consulting work; or - Thinking of starting a business The underwriter is offering a one time 5% discount on new or renewal policies for attendance at the workshop! Workshop Description Since 1999, the ACS and AIChE have offered their members a professional liability insurance policy crafted with the needs of chemists and chemical engineers in mind. This custom-designed group plan was intended to protect the professional and personal financial interests of chemical and chemical engineering consultants. This workshop is intended to train consultants on how to reduce their risk of a lawsuit. Regardless of the level of training and expertise a consultant possesses, there is always the possibility of being held personally responsible for an alleged error or omission arising from consulting services. Direct from London, the underwriter and claims specialist will review high risk areas of chemical consulting, provide pertinent claim scenarios, and give tips on what to do if you have a claim. An attorney will guide attendees through the general program process, focusing on the importance of a contract for business and claims, and offer insights into negotiating with clients. The program administrator and broker will outline new features of the policy and illustrate ways to improve your business practices related to insurance. This panel of experts will show you how to maintain a successful business while minimizing your professional liability risks. Whether you consult occasionally or full-time or are just beginning to think about a future consulting career, this workshop offers practical information from which all consultants can benefit. | |||