Project and ContractContract Risk, Insurance and Indemnities
Indemnity, liability and insurance clauses decide who pays when something goes badly wrong, and they are routinely accepted without anybody working out what they mean. This course covers reading and negotiating them. Delegates work through risk allocation as a commercial decision, the main liability provisions including caps, exclusions of consequential loss and knock for knock, and indemnities and how far they actually reach. Insurance is covered practically: the policies commonly required, what each does and does not respond to, and verifying that a certificate reflects the cover required. The course closes on the gap between the contractual requirement and the policy actually held.
Course objectives
- Treat risk allocation as a commercial decision rather than boilerplate
- Read and negotiate liability caps and exclusions
- Explain knock for knock and where it applies
- Assess how far an indemnity actually reaches
- Identify the insurance policies commonly required and their response
- Verify that a certificate reflects the cover the contract requires
- Close the gap between contractual requirement and policy held
Who should attend
- Contract and commercial managers
- Procurement and supply chain professionals
- Project managers accepting contractual risk
- Risk and insurance staff
- Legal advisers supporting contracting
Course outline
- 01Risk allocation as a commercial decision
- 02Liability caps and their operation
- 03Consequential loss exclusions
- 04Knock for knock arrangements
- 05Indemnities and their reach
- 06Insurance policies commonly required
- 07Certificates and verification
- 08The gap between requirement and cover held
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 7 to 9 December 2026 | Cape Town, South Africa | Classroom | R14,950 per delegate | Register Now |
| 15 to 17 March 2027 | Online | Online | R6,500 per delegate | Register Now |
| 24 to 26 March 2027 | Accra, Ghana | Classroom | USD 995 per delegate | Register Now |