How to Read an Insurance Policy for Financial Institutions

Event ID:72625

Choose Option

Please Select an Option
Live Webinar Only       $299.00
On-Demand (OD)     $299.00
Live Webinar & OD       $399.00
Date: 10/31/2019, 11 AM Central
Duration: 90 minutes including question and answer session.
Presenter(s): Daniel Cotter
$299.00 webinar or On-Demand, $399.00 webinar and On-Demand. Each option may be viewed by an unlimited number of attendees in one room. On-Demand includes full audio presentation, question and answer session, and presentation slides.
Who Should Attend? Risk managers, in-house counsel, financial officers, outside counsel advising your institution

Despite the near ubiquity of insurance in modern commerce and business management, an alarming number of financial institution professionals – even in risk management and legal departments – have very little understanding of how their insurance policies work, or what they may or may not cover should a loss occur. The law in virtually every state holds that a policyholder is assumed to have read, understood, and agreed to all of the terms of every policy it buys. Realistically, that almost never happens. Although each policy is different, the vast majority of commercial insurance policies share the same anatomy. Given what is at stake should a policyholder face a loss, it is critical that attorneys, risk management professionals, and business owners understand the components of their policies to ensure that they are adequately covered or identify areas of risk exposure.

Please join Daniel Cotter as he discusses the common components of insurance policies and special considerations you should take into account to help you understand your coverage and identify risk areas before a problem arises.


The program will:

  • Discuss certain practical limitations and obstacles in insurance contract formation
  • Explain the basic language of insurance policies
  • Break down a policy into its essential elements common to all policies
  • Describe how each component serves the policy as a whole
  • Address special issues including endorsements, riders, certificates and renewals
  • Highlight the “hidden” terms of insurance policies



Your conference leader for “How to Read an Insurance Policy for Financial Institutions” is Daniel Cotter. Daniel A. Cotter is an attorney with Howard & Howard in Chicago, IL. Before joining Howard & Howard in 2019, Dan served as the general counsel, vice president & secretary of Fidelity Life Association, a large insurance company based on Chicago. Dan has spent nearly 30 years of his legal career working with the insurance industry, where he has extensive experience handling transactional work, general regulatory and government relationships in multiple jurisdictions, and litigation and oversight.

In addition to his extensive litigation, regulatory and transactional experience in the insurance industry, Dan’s practice has included work for a broad range of clients in the areas of corporate law, including mergers and acquisitions, corporate organizations, reorganizations, dissolutions and redomestications, corporate governance and compliance and cybersecurity and privacy issues. In addition, Dan has handled a wide array of commercial litigation cases, including insurance defense, complex business disputes and employment matters. QUALITY COMMITMENT

BankersWEB, a division of DKG Media, LP, wants you to be satisfied with your webinar. If this webinar does not meet your expectations, email us at


BankersWEB certificates of participation are available to everyone completing this webinar.