Duration: 90 minutes including question and answer session.
Presenter(s): Joseph G. Balice, partner, Brutzkus Gubner Rozansky Seror Weber LLP, Los Angeles, CA
Price: $299.00, On-Demand includes full audio presentation, question and answer session, and presentation slides.
Credits: Live webinar approved for 1.5 NASBA credit hours (Business Law).
Who Should Attend? In-house counsel, risk managers, financial officers, outside counsel advising your institution
An effective risk management strategy includes a number of key components—risk transfer, loss prevention, accident response, and litigation philosophy to name a few. A less common, but equally important, element of risk management strategy is the inclusion of insurance requirement clauses in your contracts. Your transactional partners should be able to demonstrate that they can take financial responsibility for their actions if necessary, which at a minimum means having sufficient insurance coverage to cover potential losses. Insurance provisions in your contracts will help provide your company or client with peace of mind if something goes wrong. How do you determine what types of coverage are appropriate for your transaction? How do you document those requirements in your contracts and, if necessary, enforce them?
Please join Joseph Balice as he addresses the importance of insurance coverage requirements in contractual transactions, how to determine what type of coverage is required for a specific deal, and how to draft effective and enforceable provisions that will enhance your overall risk management strategy and protect against losses caused by your business partners.
WHAT YOU’LL LEARN
This webinar will cover:
- General principles, concepts, and goals of an effective insurance requirement provision
- Key components and best practices for drafting insurance requirement provisions
- Enforcing compliance with insurance provisions
- Maximizing remedies for violations
- Potential pitfalls to avoid
- Relationship between insurance provisions and indemnifications
- AND MUCH MORE!
YOUR CONFERENCE LEADER
Your conference leader for “Insurance Coverage Contract Clauses: Drafting and Enforcing Provisions to Manage Risk” is Joseph G. Balice. Joe is a partner with Brutzkus Gubner Rozansky Seror Weber LLP in Los Angeles, California. As a member of the firm’s commercial civil litigation team, Joe’s core practice is representing policyholders when insurance company carriers deny claims. Prior to joining Brutzkus Gubner, Joe worked as part of the nationally-recognized Insurance Recovery practice group in the firm of Anderson Kill. He has worked on virtually all lines of commercial and professional insurance (CGL, D&O, E&O, EPLI, property, crime, etc.), and has personally helped clients collectively recover over $400 million in insurance policy benefits throughout his career.
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