Risk Management 201: Financial and Professional Liability Claims Management
A follow-up to Marsh’s Risk Management 101 series, “Risk Management 201: Financial and Professional Liability Claims Management” provided an overview the primary financial and professional liability insurance coverages, included a discussion of coverage triggers, and detailed the claims process.
Experts from Marsh’s FINPRO Practice:
- Provided an overview of directors and officers (D&O), fiduciary, and employment practices liability (EPL) coverage and discussed the interrelationships among the three.
- Discussed coverage triggers and the obligations of the insurer and insured once a policy is triggered.
- Explained the differences between D&O, EPL, securities, and fiduciary claims.
- Provided tips on managing the claims process, including dealing with notice and reporting questions, reservation of rights, defense counsel issues, communicating with carriers, and common issues.