Construction Risk And Insurance Specialist (CRIS)
MAIA offers a FIVE-PART Construction Risk and Insurance Specialist designation program (CRIS®) in partnership with International Risk Management Institute, Inc. (IRMI®).
About the CRIS® Program
The Construction Risk and Insurance Specialist (CRIS®) program is a specialized curriculum focusing on construction projects and contractors' complex insurance and risk management needs. Developed by IRMI in response to concerns expressed by many contractors, the CRIS® curriculum assures that the agent, broker, consultant, in-house risk manager, or insurance purchaser understands contractors' most important insurance needs. CRIS® certification holders have a basic-to-intermediate understanding of construction exposures, insurance, and risk management techniques and make an effort to stay on top of insurance industry changes and trends affecting contractors.
To Earn the CRIS Certification
- Complete five specialized courses on construction risks and insurance and
- Pass the corresponding online examination (with a minimum of 70% per exam)
- Those who complete the program are entitled to display the CRIS certification to certify their knowledge of construction insurance and risk management.
🔷CRIS Commercial Auto, Surety, CIPs, Misc. Lines
WHO SHOULD ATTEND:
The Construction Risk and Insurance Specialist (CRIS®) program is a specialized curriculum focusing on construction projects and contractors' insurance and risk management needs. Anyone who designs, sells, buys, or underwrites construction insurance programs should consider taking the CRIS program. This course, in particular, reviews the various types of insurance often needed by contractors not covered in the other core courses. This includes auto liability and physical damage, professional liability, pollution liability, employment practices liability, and directors and officers liability insurance. It also provides a basic review of claims-made and occurrence coverage triggers, wrap-up or controlled insurance programs (CIPs), and surety bonds.
This course is part of a National Designation program called the Construction Risk and Insurance Specialist (CRIS) program. Each program can certainly be taken as a standalone class, but if you are interested in seeing the courses involved and earning the designation.
Class Topics:
- Structure and Format of a Contractor's Insurance Program
- Automobile Liability Insurance
- Professional Liability Insurance in Construction
- Pollution Liability Insurance
- Employment Practices Liability Insurance
- Directors and Officers Insurance
- Fiduciary Liability Insurance
- Coverage Triggers
- Controlled Insurance Programs
- Surety Bonds
🔷CRIS Commercial Liability Insurance for Contractors
WHO SHOULD ATTEND:
The Construction Risk and Insurance Specialist (CRIS®) program is a specialized curriculum focusing on construction projects and contractors' insurance and risk management needs. Anyone who designs, sells, buys, or underwrites construction insurance programs should consider taking the CRIS program. This course, in particular, provides a general overview of standard commercial general liability insurance and umbrella liability insurance, with specific attention to provisions that most affect coverage or create problems for some or all contractors. It covers elements required to trigger coverage, application of standard policy exclusions, and various standard endorsements, all within a construction context. Suggestions for modifying coverage to address potential coverage gaps and other problematic provisions are provided where appropriate.
This course is part of a National Designation program called the Construction Risk and Insurance Specialist (CRIS) program. Each program can certainly be taken as a standalone class, but if you are interested in seeing the courses involved and earning the designation.
Class Topics:
- Construction Liability Risks and Insurance Overview
- Coverage A Insurance Agreement
- Coverage A Exclusions
- Coverage B
- Supplementary Payments (Coverages A and B)
- Coverage C—Medical Payments
- Who Is an Insured (Section II)
- Limits of Insurance (Section III)
🔷CRIS Contractual Risk Transfer in Construction
WHO SHOULD ATTEND:
The Construction Risk and Insurance Specialist (CRIS®) program is a specialized curriculum focusing on construction projects and contractors' insurance and risk management needs. Anyone who designs, sells, buys, or underwrites construction insurance programs should consider taking the CRIS program. This course, in particular, reviews the ways in which risk is allocated in construction contracts. In addition to a technical review of the types of techniques available, this course examines strategies for maximizing the effectiveness of risk transfers in construction contracts. Topics include indemnification provisions, waivers of subrogation, limitations of liability, insurance requirements, and some key areas of risk allocation in standard construction contracts. Tips for writing and negotiating fair and effective insurance requirements are provided where appropriate, as well as verifying compliance with these requirements.
This course is part of a National Designation program called the Construction Risk and Insurance Specialist (CRIS) program. Each program can certainly be taken as a standalone class, but if you are interested in seeing the courses involved and earning the designation.
Class Topics:
- An Overview of Contractual Risk Transfer
- Risk Transfer Provisions
- Insurance Requirements
- Contractual Liability Coverage
- Additional Insured Coverage
- Waivers of Subrogation
- Protective Liability Insurance
- Certificates of Insurance
🔷CRIS Property Insurance for Contractors
WHO SHOULD ATTEND:
The Construction Risk and Insurance Specialist (CRIS®) program is a specialized curriculum focusing on construction projects and contractors' insurance and risk management needs. Anyone who designs, sells, buys, or underwrites construction insurance programs should consider taking the CRIS program. This course, in particular, focuses on builder's risk and contractor's equipment insurance, including suggestions for maximizing the effectiveness of the coverages. It also includes a review of important concepts with respect to insuring the contractor's office or other permanent property. Topics include covered and excluded property, covered and excluded perils, covered parties, and alternative methods of reporting covered values. Various policy provisions that impact the scope of coverage – such as subrogation, occupancy, and cancellation – are also examined. Suggestions for modifying coverage to address potential coverage gaps and other problematic provisions are provided where appropriate.
This course is part of a National Designation program called the Construction Risk and Insurance Specialist (CRIS) program. Each program can certainly be taken as a standalone class, but if you are interested in seeing the courses involved and earning the designation.
Class Topics:
- Property Risks and Insurance Overview
- Commercial Property Insurance: Insuring Agreement, Covered Property, Covered Locations, and Additional Coverages
- Commercial Property Insurance: Covered Causes of Loss and Other Important Provisions
- Commercial Property Insurance: Time Element Coverage
- Builders Risk Coverage: Covered Property and Additional Coverages
- Builders Risk: Covered Causes of Loss
- Builders Risk: Other Important Provisions
- Builders Risk: Delayed Completion/Soft Costs Coverage
🔷CRIS Workers Compensation for Contractors
WHO SHOULD ATTEND:
The Construction Risk and Insurance Specialist (CRIS®) program is a specialized curriculum focusing on construction projects and contractors' insurance and risk management needs. Anyone who designs, sells, buys, or underwrites construction insurance programs should consider taking the CRIS program. This course, in particular, provides a general overview of standard workers' compensation and employers' liability insurance, with specific attention to provisions that most affect coverage or create problems for some or all contractors. In addition to the standard policy provisions, key statutes that impact contractor workers' compensation exposure and costs, such as independent contractor liability, employee leasing, overtime pay, and various federal acts, are also addressed. Suggestions for modifying coverage to address potential coverage gaps and other problematic provisions are provided where appropriate.
This course is part of a National Designation program called the Construction Risk and Insurance Specialist (CRIS) program. Each program can certainly be taken as a standalone class, but if you are interested in seeing the courses involved and earning the designation.
Class Topics:
- Introduction to Workers Compensation
- The Workers Compensation and Employers Liability Policy
- Workers Compensation Policy Endorsements
- Overview of the WC Marketplace
- Rating Workers' Compensation Risks
- Workers Compensation Guaranteed Cost Programs
- Retrospective Rating Plans
- Workers' Compensation Deductible Plans
- Experience Rating
🔷CRIS - Additional Insured Issues
WHO SHOULD ATTEND:
This course introduces important risk management and insurance concepts for all contracting parties to a construction project. It overviews how insured status under another party's insurance program can be used as a risk transfer technique. It examines in detail the terms and conditions on which insured status is provided in all the major lines of construction insurance. While other lines are also addressed, particular emphasis is placed on additional insured status under general liability insurance since that is where the most critical contractual risk transfers are located.
This course also can be used to update the Construction Risk and Insurance Specialist (CRIS) designation. However, you can certainly take this course without having the designation if interested in the CRIS designation.
Class Topics:
- Endorsement Language used to make owners, contractors, subcontractors, lessors, and design professionals insureds under another entity's CGL policy
- Coverage issues such as "other insurance" concerns
- Revisions to the most widely used CGL additional insured endorsements
- Problematic coverage exposures such as completed operations and third-party-over suits
- Relevant case law interpreting the language under which other insured status is provided
🔷Design-Build Risk
*A Note About CRIS Reaccreditation: This is a standalone course. It is NOT part of the core program for those seeking to earn the CRIS designation. However, this course CAN be used as an update for designees to achieve their CRIS Reaccreditation.
WHO SHOULD ATTEND: This course is designed for insurance professionals who work with construction-related clients and need to be able to identify and work with design-build risks.
Class Topics:
- Introduction to Design-Build Construction
- Identifying Design-Build Risks
- Chapter 4 Indemnity, Insurance Requirements, and Limitations of Liability
- Coverage for Professional Services in Traditional Insurance Policies
- Contractors' Professional Liability Insurance
- Architects and Engineers Professional Liability Insurance
- Training the Project Team
- Bonding Design-Build Projects
⭐CRIS® Re-Accreditation
CRIS certification holders must attend a full-day (such as 9:00-4:00) class of approved construction risk and insurance continuing education credit during the 24 months following initial receipt of the certification and every 12 months after that. You may obtain this CE credit by attending approved CRIS® courses or conferences or completing online CRIS® courses.
CRIS certification holders can also update their CRIS designation by attending a 6-hour Management Liability Insurance Specialist (MLIS®) program.
*Additional fee applies.
⭐Agent/Broker Directory Listing
Retail insurance agents and brokers may elect to have their name, firm, and phone number included in the directory of CRIS construction insurance agents and brokers. This is a free listing in a directory promoted to contractors as a source for insurance professionals focused on the construction industry.
⭐Continuing Education
The state requires that all registrants attend a class in its entirety to receive continuing education credits (CEUs). Partial credit is not given. Late arrivals will not receive any CEU. CEUs are not based on examination results. The State of New Hampshire charges $7.00 for CE for CRIS® classes. If you need NH CE, please make your check payable to IIABNH for $7.00 and bring it with you on the day of the CRIS® class.
If you work for a Massachusetts employer and are a member of MAIA, you can apply for Massachusetts Workforce Training Funds to help pay for your CRIS Designation. Learn more...NOW!