INSURANCECOLUMNKnow thy Contracts, and the Liability Accompanying Them ‘No man is an island.’ Today, the interconnectivity of business can drive opportunity, but those same interactions can signi? cantly affect us and our businesses.Christopher Cooke, VP of General Liability, XL Group’s North America Marine business. Today’s marine businesses have to repair. At the end of the day, the marina’s insurance policy manage and prepare for the actions of was hit with a loss, and Charlie learned a lesson.“the other guy” as much as they have While not a tremendously big loss, it was a loss nonethe-to manage their own operations. While less, so being the good businessman that Charlie is, he re-businesses often ask their customers, vised is contract with his tenants to assure that they would tenants, and subcontractors to carry name the marina as an Additional Insured with a Waiver of insurance, they often do not carefully Subrogation, and that the marina would be provided with delve into insurance speci