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The Professional Liability Hard Market and Relevant Risk Management Tools.

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Description

PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR.
DUE TO HIGH VOLUME OF DEMAND, WE ARE ONLY ABLE TO GUARANTEE A SEAT TO THOSE WHO REGISTER 48 HOURS AHEAD OF THE WEBINAR TIME.


Law and Accounting firms and other professional services firms have experienced a dramatic increase in the number of large claims in recent years. This has led to turmoil in the insurance market and rates and retentions have increased. Additionally the COVID-19 pandemic effect on the economy will likely further increase claims against professional services firms. This Webinar will discuss these claims trends and highlight risk management practices that underwriters and risk managers can use to reduce claim exposure. The presentation is based on a paper that the presenters wrote that was published by Risk & Insurance. A link to the paper is below.

https://riskandinsurance.com/as-professional-servi...

Learning Objectives

  1. Understand the current state of the professional liability market
  2. Better underwrite professional services firms professional liability risk

Please note: We strongly suggest that participants test their systems prior to registering for live CAS webinars. Click the system requirements button underneath the Register button on the webinar description page to make sure that you will have no user-end issues. We also suggest that participants login to the webinar early to help stagger the unprecedented number of attendees we have at our webinars.


Registration Information and Fees

PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR

Registration Fees (in U.S. Dollars) Received on/by
July 13, 2021
Received after
July 13, 2021
Individual $50 $75
Group*
(more than one person using the same internet connection)
$250 $300
Multiple Connections**
(Unlimited internet connections for individuals working for the same company. Please note that audio for this presentation will be streamed via the web)
$500 $550

*Group Registrations will receive a code during the webinar with which they can use to count their attendance.

**Multiple Connection Registrations should contact Leanne Wieczorek directly at lwieczorek@casact.org. The registering party for the Multiple Connection Registration will be responsible for distributing all event details to attending individuals within their company.


Cancellations/Refunds
Registrations fees will be refunded for cancellations received in writing at the CAS Office via fax, 703-276-3108, or email, refund@casact.org , by July 22, 2021 less a $25 processing fee.

CAS Continuing Education Policy
The CAS Continuing Education Policy applies to all ACAS and FCAS members who provide Actuarial Services. Actuarial Services are defined in the CAS Code of Professional Conduct as “professional services provided to a Principal by an individual acting in the capacity of an actuary. Such services include the rendering of advice, recommendations, findings or opinions based upon actuarial considerations.” Members who are or could be subject to the continuing education requirements of a national actuarial organization can meet the requirements of the CAS Continuing Education Policy by satisfying the continuing education requirements established by a national actuarial organization recognized by the Policy. For further information regarding the CAS Continuing Education Policy please visit the CAS web site.

CAS Webinars may qualify for up to 1.8* CE Credits for CAS members.
Participants should claim credit commensurate with the extent of their participation in the activity. CAS members earn 1 CE Credit per 50 minutes of educational session time, not to include breaks and/or lunch. *The amount of CE credit that can be earned for participating in this activity must be assessed by the individual attendee. It also may be different for individuals who are subject to the requirements of organizations other than the Casualty Actuarial Society.

Contributors

  • Brian Brown

    Brian is a Principal and Consulting Actuary for Milliman, Inc. where his areas of expertise are property and casualty insurance, especially ratemaking, loss reserve analysis, and actuarial appraisals for mergers and acquisitions. Brian’s clients include many of the largest insurers/reinsurers in the world. Brian is a Past CAS President and was Milliman’s Global Casualty Practice Director.

  • Rachel Soich

    Rachel Soich is a consulting actuary in the Chicago Casualty practice of Milliman. Rachel’s area of expertise is property and casualty insurance, including loss reserving and ratemaking. Her expertise primarily involves loss reserving and forecasting for self-insured clients. She has extensive experience in commercial lines including D&O liability, workers’ compensation, professional liability, general liability, auto liability, and extended warranties (service contracts). Rachel’s clients include Fortune 500 corporations, healthcare institutions, privately held companies, public entities and commercial insurers. Rachel is a Fellow of the Casualty Actuarial Society and Member of the American Academy of Actuaries.

  • Chris Fredericks

    Christopher Fredericks is a partner at Mendes & Mount, LLP. His works primarily on professional liability claims involving lawyers, accountants, and directors and officers. He also represents reinsurers with respect to reinsurance programs involving those same professionals.

July 27, 2021
Tue 12:00 PM EDT

Duration 1H 30M

This live web event has ended.

For Content or Purchase Questions
(703) 276-3100
9am - 5pm ET**