COVID-19: Address the real-world implications for insurers

Presented by

Mark J Barta (City of Fort Worth), Ken Crerar (CIAB), Mike Brennan (CRC Group), Patrick Byrnes (Locke Lord LLP)

About this talk

The COVID-19 crisis will have wide-ranging implications for all aspects of the insurance world. From policy wordings and exclusions, to how businesses manage fundamental changes in their businesses and associated risks, it’s unconquered territory. But help is at hand. This free webinar (sponsored by CRC Group) will drill down into some of the real-time challenges facing brokers, insurers and risk managers. A panel of experts will cover the key questions the industry is facing and give you a step-by-step guide to confronting the COVID-19 crisis. In this webinar, you’ll get exclusive insights from: Mark J. Barta, Director of Risk Management, City of Fort Worth Ken Crerar, CEO, The Council of Insurance Agents & Brokers (CIAB) Mike Brennan, President of Commercial Solutions, CRC Group Patrick Byrnes, Partner, Locke Lord LLP By listening to this webinar, you’ll get unparalleled advice on: Property: Discover if policies will be triggered by shutdowns and find out what extensions may be available to companies to cover loss of income. Could policies be triggered by ‘job abandonment’ clauses? Environmental: Seize the opportunity to engage with the market and offer additional coverage while some carriers are explicitly excluding virus-related risks Workers’ Compensation and D&O: Discuss the liabilities for employers when a worker contracts or spreads COVID-19, and evaluate if directors and officers firms’ will be held accountable for the impact of COVID-19 Business Interruption: Reconcile the pressure from states and government to invoke BI policies with the reality that most BI policies will not be triggered by the crisis E&O and Cyber Risks: Explore how remote working has changed the fundamental risks of E&O and cyber Changing Risks: With so many companies diversifying quickly and assuming new risks as a result, what do risk managers need to consider?
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