Writing about Insurance Coverage - The Facts, the Law and the Insurance Policy

Description
In this training program, attendees will understand the necessity of writing a coverage letter. Attendees will understand how to utilize the facts and communicate to the insured the need for more information when there is insufficient information to make a coverage determination. They will also learn to employ state mandated language in the coverage letter. Additionally this workshop will discuss when and how to write letters reserving rights. Lastly, how to respond to insureds, their brokers and their attorneys when they propound a response to a coverage letter.

Objectives of the Presentation
Understand the necessity of writing a coverage letter
Understand how to utilize the facts, the law and the insurance policy to make a determination if more information is needed
Communicate to the insured the need for more information when there is insufficient information to make a coverage determination
Determine how state mandated language is written in the coverage letter
Be able to write the coverage letter
Address responses to letters written

Why Should you Attend
One of the most difficult tasks that a claims professional is charged with is informing a stakeholder about coverage in an insurance policy. A claims professional cannot just tell an insured that the loss is not covered. Instead, they must analyze the facts and circumstances of the loss, as well as the insurance policy and applicable law to determine if the loss is covered. The claims professional must then compose the letter explaining coverage to the insured in a way the insured can understand.

This webinar will cover what a claims professional needs to know in order to look at the facts, the law, and the insurance policy to make a coverage determination and convey the determination to the insured.

Areas Covered
The need to write a coverage letter
How facts are presented
How applicable law affects the coverage decision
How to apply facts and law to language in the insurance policy
How to write correspondence to the insured
How to respond to insureds

Who can Benefit
Claims professionals who are tasked with corresponding to stakeholders regarding coverage
Producers who monitor claims on behalf of their insureds
Attorneys and paralegals who work with litigation on the subject
Risk managers who monitor and manage claims on behalf of their employers
Underwriters who analyze claims to determine the suitability of the risk and the terms of accepting it.

For Registration
http://onlinecompliancepanel.com/webinar/WRITING-ABOUT-INSURANCE-COVERAGE-501550/JULY-2016-ES-WORLDCONCAL

Note: Use Promo code NEROC and get 10% off on registration (Valid till July 31st 2016)