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Manufacturer warranties and defect wordings: who should pay the bill?
Tuesday 01 October 2019
Event: 09.00 - 10.30
Venue: LMA Presentation Room, Suite 426, Gallery 4, Lloyd's, London EC3M 7HA
Power Generation and Construction Underwriters & claims. This event is open to LMA and IUA members only.
Tom Clifton (Underwriting Manager – Power and Renewable Energy, Liberty Specialty Markets) and David Phipp (Global Segment Leader – Power, Scor Business Solutions) will discuss warranty and defect clauses used in the power and construction markets.
Attendees will gain an understanding of the history of market wordings, including application of LEG defect clauses, the evolution of definitions and common misconceptions. There will also be insight provided on common coverage issues associated with defective design claims.