I wanted to let you know about a presentation that is coming up on the topic of D&O insurance coverage.
Founder Roundtable Presents: Directors & Officers Insurance – The Critical Basics
May 12, 2011, 8:15 - 10:00am Barrister Suites Board Room, San Diego, CA 92130
Speaker: Carol Corporales, CIC
See the calendar of events and register for this topic at http://founderroundtable.com/directors-and-officers-insurance-the-critical-basics/
Directors & Officers Insurance – The Critical Basics An overview of the basic intelligence necessary to consider, evaluate and negotiate effective coverage for the personal asset protection of executives, and the balance sheet protection of the corporation.
Topic Description:
Directors and Officers of both public and private companies are subject to scrutiny from a myriad of stakeholders. Expectations as to duty of care, litigation and defense costs continue to rise. Insurance products containing hundreds of variables differ among each carrier. The complex nature of D&O policies makes protecting the personal assets of executives a daunting task.
During this session, you will learn…
· Why D&O insurance is necessary and how it applies to all companies
· What questions to ask when evaluating quotes
· How to avoid coverage pitfalls and denial of claims
· How to identify policy language that drastically reduces your coverage
· Critical coverage triggers
During the session, we will talk about where suits are coming from and how much insurance is appropriate. You will be introduced to the most common policy exclusions and ways to minimize their impact. An explanation of the three insuring agreements will help you determine what type of policy is right for your company. Most importantly you will learn the critical things you must do in order to activate coverage and avoid claims being denied.
You’ll come away from this session armed with the information necessary to make the most appropriate choices and decisions for protecting your executives and corporate balance sheet.
