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Itzick Simon

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Mar 31, 2026

How can we help

By: Itzick Simon

The new regulations require preparation that goes beyond mere familiarity with the requirements; they demand the practical implementation of a new working methodology within both the project and the organization.


In practice, the main gap is not in understanding the regulations, but in the ability to translate them into a proper contractual structure, appropriate resource allocation, an effective management framework—and an insurance structure that aligns with the new allocation of responsibilities.


Itzik Simon Insurance Agency has specialized for decades in supporting complex construction projects, combining deep industry expertise with a broad perspective on risk management, contracts, and insurance. This experience enables us to understand not only the legal requirements, but also how they intersect with the operational, legal, and insurance realities of a project.


We support developers, developer-builders, contractors, purchasing groups, private clients, and public entities—including government offices, hospitals, and local authorities—who turn to us to assess their preparedness and the liability implications arising from the regulations.


The assistance we provide is not theoretical, but focused on practical implementation, and includes, among other things:

  • Review and alignment of agreements and engagements with the regulatory requirements

  • Development of a resource allocation mechanism derived from the safety plan

  • Guidance in defining the allocation of responsibility between the project owner and the construction executor

  • Support in implementing control, reporting, and documentation mechanisms

How can we help

Insurance consulting and adapting coverage to the new reality

The new regulations effectively reshape the structure of responsibility within a project, particularly positioning the project owner (the client) at the center of exposure. This shift requires a re-evaluation of the insurance framework and its alignment with the new reality.


Within this context, we provide:

  • Insurance advisory for projects, from the planning stage through execution

  • Tailoring and preparation of insurance appendices and insurance obligations across various agreements

  • Drafting and review of insurance clauses in contracts between developers, contractors, and role-holders

  • Examination of the identity of the insured parties and additional insureds in accordance with the actual allocation of responsibility

  • Adjustment of liability limits and coverage to reflect the exposure arising from the regulations


Special emphasis is placed on the new roles established under the regulations and the insurance implications of their responsibilities, as well as on the expanded liability of the project owner, which necessitates precise alignment of insurance coverage.


The objective is not merely to ensure that insurance exists, but to verify that the coverage accurately reflects the actual distribution of responsibility, without creating gaps or reliance on irrelevant or inadequate policies.

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Applied training and coaching

In addition, we conduct in-person training sessions and tailored programs for executives, project managers, and professional teams, with the goal of translating the regulations into practical, actionable implementation at both the project and organizational levels.


The training focuses on the practical aspects of the regulations, including:

  • Understanding the new structure of responsibility and its implications

  • Identifying common points of failure in projects

  • Adapting work, control, and documentation mechanisms

  • Linking project management with legal and insurance exposure


In many cases, a focused meeting with the organization’s management or project team makes it possible to identify gaps at an early stage and to develop a preparedness framework that reduces exposure and strengthens the project’s management capabilities over time.


We would be pleased to meet with you, review the required preparedness approach together, and assist in formulating solutions tailored to your project or organization.

How can we help
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