D&O Renewal: Ways to Avoid Buyer’s Remorse or Worse

Join Barnes & Thornburg’s Insurance Recovery and Counseling Practice Group and American Agency for a 90-minute CLE seminar exploring best practice for renewing effective directors and officers insurance policies that make sense for your business. This practical assessment will highlight the importance of reviewing and addressing insurance policy language at the time insurance is placed.

The presentation will also offer strategies for minimizing risk at an organizational level and tips for litigating coverage issues in the event that an organization has a dispute with its carrier.

Discussion will focus on the following key topics:

• Avoiding gaps in coverage
• Defining who the policy covers and to what extent
• What exclusions apply
• Best practices for providing notice including retroactive and prior act dates
• Duty to defend vs. duty to reimburse
• What fiduciary liability is and how it works
• Sufficient policy limits for individual insureds
• Counsel selection and defense costs
• A D&O renewal checklist for policyholders

Questions? Contact Nick Manty at nick.manty@btlaw.com or (612) 367-8770.