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Anderson Kill Insurance Recovery Attorneys to Speak at RIMS 2019

  • April 4, 2019
Anderson Kill is pleased to announce that Anderson Kill attorneys will present at seven sessions at the Risk & Insurance Management Society's 2019 Annual Conference & Exhibition being held at the Boston Convention & Exhibition Center, 415 Summer Street, Boston, MA on April 28 – May 1, 2019. Anderson Kill speakers will also be available at Booth 336.

The sessions and speakers are as follows:

Pre-Conference Workshop:  Contractual Risk Transfer – Daniel J. Healy and Nicholas R. Maxwell
April 27 - April 28, 2019 from 9:00 AM – 4:00 PM

This workshop will address commercial contracts and insurance policies as risk transfer vehicles relating to commercial insurance, insured agreements, indemnity agreements and captive insurance.  You’ll learn the skills needed to understand and draft a contract that effectively transfers risk while reducing your company’s exposure to loss.

Cyber Coverage for Things That Go Boom! - Hackers Out to Destroy – Joshua Gold
April 29, 2019 from 1:30 PM – 2:30 PM

If asked by your Board or investors whether the company has insurance coverage for damage and injuries caused by cyber compromises, it would be understandable to respond hmmmm.  Hackers have upped their game and their means of attacking critical infrastructure.  Gone are the days where hackers are solely motivated by theft of funds.  Today's hackers are super sophisticated and enjoy state-sponsored backing.  Meanwhile, the Internet of things has spilled over to industrial controls.  While purchase of a quality cyber insurance product is a critical first step, policyholders may still be left scrambling for insurance protection where 21st Century risks cause classic property damage and bodily injuries.  Where cyber criminals target temperature controls in industrial facilities, policyholders will need to ensure coverage is available for first and third party claims.  The consequences for failing here can be catastrophic.  This session will explore complex coverage issues to avoid traps and gaps where cyber policies don't properly align with GL and property coverages to address injuries, damage and resulting business income losses.

Protecting the Board from Cyber Executive Risk: D&O Coverage for Cyber, Data Privacy and Crime Risk – Dennis J. Nolan
April 29, 2019 from 3:00 PM – 4:00 PM

Every day there is a new headline about a data breach, sophisticated hacker attack or computer virus.  Global losses from cyber-crime are estimated to exceed $400 billion annually.  Understanding how your insurance policies may respond, including CGL, property, crime, D&O and cyber liability insurance policies, will help ameliorate an otherwise chaotic environment where policyholders regularly are addressing multiple fronts involving regulators, class action claimants, angry investors, and other stakeholders claiming harm from the result of a breach.  This session will outline a road map to navigating the claims environment and key insurance coverage disputes that emerge where cyber claims run the gamut.

Financial Institutions Insurance – a 2019 Boston Minuteman’s Guide to D&O and E&O Exposures – William G. Passannante
April 30, 2019 from 1:15 PM - 2:30 PM

Are you comfortable with cutting-edge issues that risk professionals face in the insurance market and claims environment for E&O, D&O and related financial services insurance?  In a Boston Minute we will cover the liability exposures, the nature of these insurance policies, important exclusions and popular arguments being used when claims are made.  We will use an interactive format to permit peer-to-peer learning and address misrepresentation and rescission arguments, as well as the disgorgement defense, coverage for regulatory investigations and penalties, the hammer clause and the cooperation clause.

Chinese Tea, American Ships, British Merchants, Native American Disguises: Analyzing Insurance in the Case of the Boston Tea Party – Allen R. Wolff
April 30, 2019 from 1:30 PM – 2:30 PM 

On the night of December 16, 1773, more than 40 tons of Chinese tea belonging to the British East India Company was dumped from three American ships into Boston Harbor.  While some may think the event was an important stepping stone to American independence, we all know that there were complicated insurance issues that had to be addressed.  This session will entertain, inform, and educate.  A panel of experts including lawyers and risk managers will analyze the insurance coverage issues arising from the Boston Tea Party and show what it teaches us about risk management and insurance coverage today.  Don’t miss this entertaining and valuable session that will explore coverage issues from many different perspectives: the tea owner, the ship owner, the harbor operator, the tea retailer.

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Joshua Gold
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William G. Passannante
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Allen R. Wolff
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