At its core, insurance is risk management. What insurance does the organization need? What types? What limits should we buy? How large of a deductible should we accept? What is the difference between a deductible and a self-insured retention? What do I need to know about insurance contracts? What should I expect of my insurance broker? What coverage is available and what do I need to buy? Specifically designed for any leader responsible for insurance and risk, the insurance function is critical to the ongoing viability of an organization.
DESIGNED FOR
Corporate financial leaders, corporate financial managers, CEOs, CFOs, Controllers, accountants, Board members, advisors, and consultants. CPAs in public practice and CPAs in industry. Business owners, entrepreneurs and professionals who are interested in improved management of the risk and insuranc
BENEFITS
After attending this presentation, you will be able to...
- Comprehend insurance law and issues regarding the selection of insurance policies.
- Deploy proven tactics to effectively manage the insurance function.
- Appreciate insurance exceptions and exclusions
HIGHLIGHTS
The major topics that will be covered in this course include:
- How are risks managed?
- What does an insurance broker do, how do we choose a broker, and how should we pay them?
- What can insurance protect against?
- Deductibles, self-insurance, and captives.
- Issues affecting different classes of insurance regarding claims and accessibility.
- Actions you need to take in addition to securing insurance.
- Umbrella policies and how they attach above the primary.
COURSE LEVEL
Intermediate
PREREQUISITES
General understanding of risk and insurance.
ADVANCE PREPARATION
None
ADDITIONAL NOTES
This webinar is hosted by NJCPA's partner, CPA Crossings, LLC. After registering, you will receive an email from messenger@webex.com with the log-in information. If you do not receive this email you can contact CPA Crossings, LLC at (877) 370-2220.