MULTI-SITE FACILITY MANAGEMENT
EDUCATION • BEST PRACTICES • TREND OPINIONS
Hosted by Dianna Hart
Risky Business: Mitigating Risk When Hiring and Managing Service Providers and Contractors
Thursday, Sep. 28 | 10am PT/1pm ET
Service providers and contractors are necessary — but they come with substantial business risk.
Facility managers must ensure their properties are well-maintained and their assets operate efficiently with as close to 100% uptime as possible. To achieve these goals, they often leverage service providers and contractors, which comes with inherent business risks that must be carefully managed. However, when it comes to insurance coverage, hiring and managing providers and contractors introduces a unique set of risks and liabilities that must be understood to protect all parties.
There are many ways to minimize liabilities and safeguard against risk when it comes to providers and contractors, so it’s crucial to be aware of the appropriate steps needed to protect your business with the right insurance and contractural tools that are available, and to understand them. Join us on Sep. 28 for a thought provoking and interactive discussion about provider and contractor risk mitigation. We’ll discuss:
- All aspects of contractual risk transfer, what it means, what it costs;
- What does “hold harmless” mean?;
- Certificates of insurance (COI) and how to read and understand them;
- COI tips and tricks.
Join us on Sep. 28 as the Fexa & Friends Network hosts Blake Lezak of Safety Facility Services and Craig Barnet, CIC, of MSG Risk Management & Insurance Consulting as we discuss mitigating and managing subcontractor risk in the multi-site facility environment.
Blake is a management and customer service executive that has been servicing clients in the real estate, retail, multi-family residential, education and aerospace sectors for the last 14 years. He has an extensive background in facility maintenance and management, specializing in both regional and national retail accounts, and managing self-performed and subcontracted services.
Craig is an expert in all facets of risk management, and is recognized as an expert by the NY State Bar Association, teaches continuing education classes to attorneys related to construction risk, and has been published in the New York Law Journal. He has more than 30 years of experience in minimizing clients’ risks and maximizing insurance policy terms and conditions of coverage. Craig has experience in a wide range of industries including retail, healthcare, hospitality, manufacturing and construction.
About Safety Facility Services
Safety Facility Services is a full-service facility maintenance company that provides comprehensive janitorial, repair and maintenance services, snow removal, security and lighting and energy solutions for all commercial and residential real estate including retail stores, commercial office buildings, schools, sports and fitness facilities, mass transit hubs, industrial properties, non-profit organizations, multi-family residential real estate, medical & wellness centers and a variety of religious institutions. For more information, visit https://www.safetyfacilityservices.com/
About MSG Risk Management, Inc.
MSG Risk Management, Inc. is a premier global consulting firm specializing in risk management and insurance. With over 100 years of combined insurance expertise at the senior management level, MSG has positioned itself as a world leader to provide its clientele with customized and strategic risk management across all industry verticals. For more information, visit https://www.msgriskmgmt.com/