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ACEC News / Education

August 19, 2020

Next Week's Online Classes: Biases and the Bottom Line, Self-Funded Health Insurance, and Dealing with Client-Drafted Contracts

Online Classes next week are Blind Spots, Biases & the Bottom-Line: Leadership Development Evolution That Drives Results on Tuesday August 25, Self-Funded Health Insurance: Understanding How to Purchase Insurance for Your Engineering Firm on Wednesday, August 26, and Winning the Contract Tug of War: Balance in Client Drafted Agreements, Thursday, August 27

Blind Spots, Biases & the Bottom-Line: Leadership Development Evolution That Drives Results
Tuesday, August 25, 1:30-2:30 pm ET

CEOs across numerous industries have seen significant bottom-line results from diverse viewpoints and perspectives, but many engineering firms struggle to benefit from this? Culture and change start at the top, and leaders must lead and act with intention, set performance standards, and hold everyone accountable for changing behaviors and organizational practices.

Join Visible Value CEO & Chief Value Creation Officer Chandra Storrusten for a timely session that will provide you with action-oriented best practices you can implement immediately to help your organization:

  • Discover how diversity of experience and ideas improves project and firm performance
  • Overcome blind spots and biases by inspiring different behaviors and changing organizational practices
  • Evolve your leadership development to foster lasting positive change to your culture…and your bottom line.

Click here to register.

Self-Funded Health Insurance: Understanding How to Purchase Insurance for Your Engineering Firm
Wednesday, August 26, 1:30-2:30 pm ET

Your firm's health insurance offerings are a key part of having a robust benefits package to recruit the best talent, but employers' and employee's healthcare costs are rising an average of 18% yearly on a national basis. Your business needs a way to reduce these costs but understanding the differences between the different types of medical insurance plans can be confusing and overwhelming.

In this online class, John Krebsbach, April Leonard, and Lindsay Simone of the ACEC Life/Health Trust and Amy Giese of Milliman Insurance will offer a point-by-point guide on the differences between traditional, self-funded, level-funding, and stop-loss insurance plans. Understanding the differences in insurance plans can save your firm hundreds or thousands of dollars in annual premiums and individual premiums to your employees.

Takeaways:

  • What makes up health insurance premiums
  • How to expect medical and pharmacy claims
  • How to determine the best coverage for your firm and your employees
  • Self-Funded plans or Fully-Insured plans and the differences between those types of plans.

Click here to register

Winning the Contract Tug of War: Balance in Client Drafted Agreements
Thursday, August 27, 1:30-2:30 pm ET

Client-drafted professional services agreements seem to get more one-sided with every new project. Engineers have become accustomed to negotiating uninsurable and unreasonable indemnity clauses and elevated standards of care, but recently, some different – and difficult – owner-drafted terms are making their way into contracts.

A/E/C lawyers Eric Singer of Ice Miller LLP and Karen Erger of Lockton, Inc. will identify these new and challenging clauses, describe their potential impact, and propose solutions and negotiating tactics for contract problems new and old. They'll review trending problematic contract terms, as well as terms that have always caused heartburn for engineers.

Using real-life contract language (with identifying details deleted) and claim scenarios for analysis and discussion, Singer and Erger will explain the legal and practical implications for insurance coverage and claims and present solutions and negotiating tactics.

Click here to register


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