Insurance Requirements in Contracts 101: IRIC & Risk Transfer
Time: 1 PM
Location: Zoom; (through GSRMA's partnership with PRISM)
Description:
This 90-minute webinar, presented by Marcus Beverly of Alliant Insurance Services, will review the Insurance Requirements in Contracts (IRIC) Manual, including 2026 updates, with a focus on understanding the contractual risk transfer process and the various types of insurance that may be required.
During this webinar, the presenter will cover:
- Navigating the IRIC Manual and updates for 2026
- Understanding the risk transfer process
- Risk identification
- Hold harmless and indemnification examples
- When to require insurance
- Various types of insurance
- Choosing the correct insurance requirement exhibit to match the activity
- Verifying coverage
- Reviewing key elements of a certificate of insurance
- Confirming compliance with requested endorsements
- Checklists and examples
