OVERVIEW AND TOPICS


Nearly all commercial businesses have cyber exposures. New exposures and insurance coverages are changing and emerging rapidly. In this session, participants will gain a working knowledge of the terminology and concepts specific to cyber insurance, as well as discuss the need for Cyber Liability Coverage. They will discuss issues, such as: first-party and third-party exposures related to cyber risks, coverage limitations in standard liability policies, and major provisions commonly found in cyber liability insurance policies. They will look at insurance issues with Commercial General Liability, Employment Practices Liability, Directors and Officers Liability, Crime, and Professional Liability policies.
Agents will discuss how to insure building projects using Builders Risk Coverage forms. They will identify some of the pitfalls to using Commercial Property policies to cover construction and renovation projects. They will review key features to look for in a Builders Risk Policy and discuss how to examine important conditions and exclusions related to coverage. They will learn how to use the Installation Floater to meet the needs of trade contractors involved in building projects.
Participants will discuss the employer’s liability relationship with employees and the potential coverage pitfalls that can develop from that relationship. They will review the definitions of employment practices laws, federal and state laws, tort actions, as well as court decisions. They will examine workplace trends affecting employment practices today. They will discuss risk management treatment for these exposures including insurance policies and their provisions.
Certificates of Insurance and the related issue of Additional Insureds are often sources of frustration, confusion, and E&O claims for the insurance producer. In this session, agents will review critical things to consider before issuing a certificate and identify ways to avoid some of the common problems and errors. They will discuss Additional Insureds in-depth, how they work, and how coverage is limited, as well as some common problems that can arise. The course will review the most commonly used Additional Insured Endorsements and examine requests frequently made of agents that may be problematic.
The risk of damage from flood exists in nearly every community. Agents will examine the National Flood Insurance Program and learn about the unique aspects of the coverage from the mountains to the coast. They will review recent changes and discuss contemplated changes. They will take a look at the North Carolina Association and the interaction with flood coverage.
Participants will discuss the importance of ethical behavior. They will examine the professional, legal, and ethical responsibilities in dealing with the day-to-day realities of the complex, ethical issues of the insurance industry. They will discuss the key to ethical decision making.

COURSE DETAILS


DURATION
16 Hours

PRICE
Contact for Details

FORMAT
Classroom

CE CREDIT
Varies by State

INSTRUCTION LEVEL
Master

FINAL EXAM
No Exam

EVENT LOCATION


Holiday Inn Biltmore West

435 Smokey Park Highway
Asheville, NC
28806

828-418-1123

FACULTY BIO


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