April 16, 2019
Session: McCague Borlack LLP's offices at 130 King St W, Suite 2600, Toronto
Networking: Duke of Westmister Pub, FCP
Managing “Hot Potato” Claims: Best Practices to Anticipate and avoid finger-pointing.
Join us on Tuesday, April 16th at 3 pm for a FREE informative session on claims.
Whenever a loss occurs, the last thing risk managers and their claims teams need is anything that delays their recovery. Unfortunately, all too often overlapping first-party coverages cause different insurance company adjusters to point fingers at each other over which one bears responsibility for the claim. These scenarios can play out in a variety of losses, including those involving such policies as: property vs. terrorism; crime vs. cyber; property vs. cyber; builders’ risk vs. property; property vs. boiler & machinery; property vs. stock through put, and product recall vs. general liability, among others. In this session, an Aon claims specialist will discuss several different loss scenarios where insurer vs. insurer coverage disputes caused significant delays in recovery. It pinpoints the reasons why each problem arose, including vague wording in both policies that led to the dispute. We will also discuss measures to take in advance to avoid these outcomes, as well as the role risk managers, their brokers and claims professionals can play in getting these matters resolved favorably for the insureds.
Hosted at McCague Borlack LLP’s offices at 130 King St W, Suite 2600, Toronto, afterwards, we will head to Duke of Westminister Pub for networking. Tickets for this are $25 each – includes 2 drink tickets and snacks. Come catch up with friends and colleagues!