#ACIEPLI 24 th National Conference on Employment Practices Liability Insurance Views from the Brokers/Carriers on Claims Trends, New Products Entering into the Market, Underwriting Considerations, Plus Insights on the Defense Counsel Panel! January 28 - 29, 2016 Tweeting about this conference?
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24th National Conference on Employment Practices Liability ... · #ACIEPLI 24th National Conference on Employment Practices Liability Insurance Views from the Brokers/Carriers on
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#ACIEPLI
24th National Conference on Employment Practices Liability Insurance
Views from the Brokers/Carriers on Claims Trends, New Products Entering into the Market, Underwriting
Considerations, Plus Insights on the Defense Counsel Panel!
January 28-29, 2016
Tweeting about this conference?
#ACIEPLI
IntroductionsModerator:
Mercedes Colwin, Esq., Managing Partner, NY Office
Gordon & Rees, LLP
Panelists:
Daniel Aronowitz, Managing Principal, Euclid Specialty Managers
Raymond Cashman, Esq. Director, Nationwide
Julia Keenan, Vice President , Zurich North America
Carolyn Leder, Esq., Assistant Vice President , Aspen Insurance
Julie Levinsohn
Senior Claims Consultant, The Hartford
Joni Mason
Vice President and National Practice Advisor, Wells Fargo Insurance Services
Paul Nash, Underwriter- Management Liability Specialty Lines, Beazley Group
Anthony Rapa, Assistant Vice President and FINEX Claim Advocate
Willis Towers Watson
#ACIEPLI
Workplace Surveillance
#ACIEPLI
Build long-term relationships between the parties
• Negotiate – good clients & companies understand they have to work together
• Partnering – having a good broker & insurance company is one of the best strategies while dealing with a hard market
• Cost – a few dollars more won’t make much of a difference when it comes to the survivability of the company
• Market Segments (Private and nonprofit D&O)
• Moving towards panels
How are brokers approaching the market?
#ACIEPLI
• Cost
• Claims departments
• What types of policies their business needs
• What the policies cover
• Managing choice of counsel
• Litigation control
• Tensions in handling claim
What are Insureds most Concerned About?
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Conflicts Between Insurers & Insured That Require Intervention
• How the claim is defended
• Coverage issues
• Late reporting of claim
• Choice of Counsel
• Reservation of Rights
• Allocations
• Covered/Uncovered Claims
• Breach of Contract
#ACIEPLI
What Specific Drivers Underlie The Purchase Of EPLI From The Insured’s Perspective?
•Protected Categories•Media•Wage and Hour•Warn-RIFS•International or Global Concerns•Privacy•Workplace Violations by Third Parties•Social Media•Workplace bullying