Mass Timber: New Technology Drives a New Construction Class

About
Cross-laminated timber (CLT) and mass timber construction are rapidly gaining popularity in the United States following their approval in the IBC model code. As developers embrace the environmental, aesthetic, and economic advantages of these materials, insurers must understand both the benefits and potential risks to accurately assess and rate this emerging building type. Join us for an insightful webinar that explores these critical considerations. Key Takeaways: • Discover the environmental, aesthetic, and economic benefits driving the adoption of timber as a construction material • Understand the definitions and distinctions between mass timber materials and mass timber construction methods • Learn about the 2021 IBC requirements that govern mass timber construction projects • Explore underwriting considerations related to building performance during fire and water exposure • Assess specific risks associated with mass timber buildings, particularly regarding fire and wind events • Preview Verisk's upcoming solution in the revised Specific Commercial Property Evaluation Schedule (SCOPES), launching in Q2 2025

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Format
Webinar
Category
Industry > Commercial Lines > Commercial property coverage
Industry > Functional Areas > Underwriting
Perils and Causes of Loss > Natural/Environmental
Duration
60 mins
CPCU In Good Standing Credit
1.00
Published Date
5/15/2025