The structure of insurance has changed over the years. While still a valuable asset for the protection against injury to people and property, changes in the market have made the acquisition of insurance more complex and expensive. Deductibles, self-insured retention, and “fronting policies” can shift the cost dynamic from the insurance company to the policyholder. Interfacing with insurance companies and their third-party administrators has become sensitive because of increasingly limited insurer coverage positions.

Our team has experience at the primary and excess insurance layers in guiding manufacturers and resellers with the evaluation of insurance needs and management of policy claims. We understand the intricacies of policy notice, trigger, and dealing with policy terms regardless of the nature of the claim. Whether for direct claims or purposes of contractual compliance, the need to manage insurance is a crucial risk management point for all companies.