Latest news from Heavy Lift & Project Forwarding International Magazine

SC&RA to hold financial & risk management forum

June 21 - The Specialized Carriers & Rigging Association (SC&RA) will hold its 2010 Financial & Risk Management Forum, October 27-28, at The Westin Park Central, Dallas, Texas.

The forum will include seven sessions on topics of interest to key industry executives. One, entitled 'Transport & Crane Loss Trends and Effective Countermeasures' will see a panel from NBIS, Atlanta that includes Bill Tepe, chief financial officer (moderator); Ron Kip, transportation safety and loss consultant; Clifton Shepherd, casualty claims supervisor; and Bill Smith, senior vice president, will identify the three most common types of losses in heavy transport and crane operations and provide practical and proven loss prevention guidance.

This session by SC&RA's exclusively endorsed property and casualty insurance partner will also highlight the most costly industry losses and the business revenue needed to offset these claim costs. Participants will gain a greater understanding of the hidden operating costs not covered by insurance.

A second, entitled 'Mitigating Criminal Liability Exposure in the World of Heavy Cranes & Transport' will see Frank Bardonaro, president, AmQuip Crane Rental, LLC; Steve Knight, principal, Intermountain Rigging & Heavy Haul,and Ryan Warren, partner, Hensley, Kim & Holzer, offering explanations why proper insurance and risk management programmes can reduce the liability exposure for both family-owned and commercially held enterprises but cannot always protect against serious financial and legal challenges ranging from fines to criminal charges following accidents, injuries and fatalities. 

Using hypothetical cases, this interactive session will require participants to review practical scenarios and attempt to identify and remedy management deficiencies that could lead to devastating company results.

Visit www.scranet.org/events now and click on the "Financial & Risk Management Forum" link to review more information.

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