Project managers overseeing large construction projects almost always try to transfer their risk of liability downstream to general contractors, subcontractors, and suppliers. One of the key ways they do so is through contractual requirements that call for those parties to purchase CGL coverage naming the project manager as an “additional insured.”
Recognizing these arrangements, many insurers now include endorsements on their policies that provide “blanket additional insured” coverage to upstream parties. ISO Form 20 33 07 04 is one such endorsement. It provides as follows: