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.
WHAT YOU WILL LEARN
The program will:
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Daniel A. Cotter
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.
Who Should Attend?
Risk managers, in-house counsel, financial officers, outside counsel advising your institution
Credits: Live webinar approved for 1.5 CPE credits
Field of Study: Management Services
Prerequisites: Basic Knowledge
Advanced Preparation: None
Delivery Method: Group Internet Based
Certificates of Attendance: BankersWeb certificates of attendance are available to all registered participants completing this webinar.
CareerLearning is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
BankersWeb, a division of CareerLearning, wants you to be satisfied with your webinar purchase. If this webinar does not meet your expectations, please email us at [email protected]
