Introduction

Whether it's supply chain problems, labor shortages, rising material costs, or handling backlog, builders and design teams are facing a variety of new challenges. Adding to those challenges is the rise of the use of robotics, drones and computers on the jobsite, remote worksites, modular construction methods, and mobile access are dramatically changing the way construction is conducted and creating an entire new area of trends not only for those building but also for the insurance arena. The construction industry is on the brink of major disruption due to the exponential growth of technology. A preview of it occurred during the pandemic when home builders suddenly had to adapt to a new way of working, but the rate of disruption will be faster and more intense going forward. But with disruption comes new opportunities. In this session, attendees will learn about the difference between linear and exponential technology growth and major advances shaping the construction industry. This thought-provoking talk will leave you optimistic about the future and excited about the new possibilities it presents.

Everyone involved in the construction industry will have an interest and stake in this presentation and ongoing discussion of the changes in the industry and how technology is impacting how construction is done and where the future of liability exposure and claims lies. The audience target will include in-house counsel and risk managers of construction and design firms, insurance brokers, insurers and claims professionals as well as outside counsel providing legal advice to construction parties.

Learning Objectives

• Understand the impact of emerging technology that has just started to be seen in claims.

• Discuss how insurance coverage may be impacted by recent technological advancements in the

  construction world.

• Speculate on what innovations may be introduced to the industry in upcoming years and debate

  on the impact they may have on construction related litigation.

Program Outline

1. Introduction

2. Project and File (Document) Management Software

3. Building Information Modeling ("BIM")

4. Imaging Technology

5. Prefabricated / Module Construction

6. Augmented Reality and Wearables

7. 3D Printing

8. Increased Complexity - Generally

9. Coverage (For All of the Above)

10. Conclusion

Our Panel

Continuing Education Credit

A disclaimer that you must attend the live webinar to obtain credit. This course has been approved by the Florida Department of Financial Services for insurance continuing education credit. To receive credit with the Florida Department of Financial Services, remember to scan the QR code certifying your attendance and identity at the end of the program. Certificates of attendance will be sent to eligible webinar attendees within three business days of the webinar.

This webinar is approved for 1.0 credit hour of continuing education credit in the following states:

• Texas State Bar (Sponsor #A16251) - Course #174178725

• Nevada State Bar (Provider #51574) - Course #P_20230330_51574

• Nevada Division of Insurance (Provider #168687) - Course #26586; Offering ID #188346

• Florida State Bar (Provider #1023251) - Course #2210217N

• Florida Department of Financial Services (Provider #373045) - Course #124447; Offering ID #1174651

  • Pete Fowler’s Instructor ID #1346570

  • Elgin Hakala’s Instructor ID #1346773

  • Brenda Kosma Radmacher’s Instructor ID #1326427

• California State Bar (Provider #11573)

• California Department of Insurance (Provider #180291) - Course #388473