Contractual Risk Transfer Canada
RIMS Members: $600 USD | Non-Members: $1,000 USD (see registration details below)
It is often said, “Where there is no risk, there is no reward.” It is impossible to eliminate all risk, but, at the same time, it is foolish to accept all risk. Risk should not be visualized as a two-dimensional line. The most successful corporations understand how risks can be allocated between parties, trade-off between types of risk, use of third parties to deal with certain types of risk and have a good understanding of the nature of the most common risks. This course provides a more in-depth understanding of the nature of risks in the Canadian context to allow business decision makers to reduce risk economically. Canadian contractual and tort law is similar enough to U.S. law that many U.S. risk managers assume it is the same — except it is not — and the differences are important when negotiating contracts with or between Canadian business entities because a wrong assumption can have significant consequences.
WHAT YOU WILL LEARN
In this class you learn the most important aspects of Canadian contractual risk transfer. Course participants walk away with the ability to:
- Determine when it is appropriate to transfer risk
- Apply a simple, repeatable process to draft a contract to transfer risk while reducing your company’s exposure to loss
- Create a glossary of definitions to clarify a contract
- Draft an indemnity agreement
- Identify key strategies and techniques strategies
WHAT YOU WILL TAKE AWAY
- Practical case studies
- Interactive exercises
- Sample worksheets and templates
WHO SHOULD ATTEND
- Vice presidents, directors, risk managers, consultants, and non-Canadian attorneys
- Any stakeholder with an interest or responsibility in protecting the organization from the effects of disruptive and economically draining events
September 28 – 29
November 17 – 18
For registration assistance, please contact our Client Services Team at CST@RIMS.org.
Cancellations and Refunds
RIMS reserves the right to cancel a course if conditions warrant. In the event of such a cancellation, registration fees will be refunded. RIMS is not responsible for any travel or lodging expenses that an attendee may incur due to such a cancellation. Before purchasing your airline ticket, please confirm with RIMS (pd@RIMS.org) that there are enough registrations to conduct the program.
All requests for refunds or changes must be submitted in writing. Registrants who cancel 15 business days or less prior to the start of the workshop can send a replacement from their company or receive credit to attend another workshop with the same duration and cost within a year of the cancelled registration. Please note if the member rate was paid for the original registration and you elect to send a replacement or transfer the credit to another employee of your organization who is not a member, an additional fee will be charged to offset the difference between the member and nonmember rate. No refunds will be issued for cancellations less than 15 days from the start of the workshop.