How to Properly Benefit from the Fiduciary Liability Insurance that You Bought

This presentation will identify best practices for creating processes and procedures for responding to letters and subpoenas from the U.S. Department of Labor, along with demand letters and lawsuits received from public and private parties to ensure that the company can take advantage of the insurance coverage to which it is entitled. Additionally, this presentation will discuss the common coverage principles of fiduciary liability coverage and identify best practices for responding to your insurer’s efforts to deny or limit coverage for claims.  We will then present case studies regarding common insurance coverage issues and identify things to consider when obtaining insurance that may help avoid pitfalls later.

Whether you are involved in purchasing insurance for your company, responding to legal letters and complaints, working with your broker and insurer on claims, and/or working with lawyers to protect your company’s interest, this webinar is designed to provide you support in those efforts.

Learning Objectives:

1. Understand the types of written correspondence and filings which may constitute a claim under common fiduciary liability policies;
2. Provide guidance on best practices for protecting the company’s interests and insurance benefits, including understanding what coverage benefits should be afforded under a fiduciary liability policy; and
3. Learn methods for responding to an insurer’s denial or limitation of coverage for a claim.

Insurance Recovery Practice Group Co-Chairs, Christopher Kenta and Blake Roter will be speaking at this webinar hosted by the National Center for Employee Ownership (NCEO). This event is free for NCEO members and guests of Burke Warren. Please be sure to register in advance.