I Thought I Was an Additional Insured

The day a large claim arrives and you discover you didn’t have the coverage or status you thought you had will not qualify as one of your better days. Don’t be surprised at one of those critical moments! Develop a process to ensure appropriate insurance requirements are included and you receive what parties agreed to. You also can’t do it all by yourself, which means training a team and managing COIs, not just filing them. Ensure that the words, “but I thought . . .” never apply to this topic.

Attendee Takeaways:

1. Develop contract language that leaves no doubt as to what is required and how it must be documented
2. Identify higher risk agreements and activities that require extra attention
3. Review options for actively managing COIs instead of just filing them

David has worked to further the practice of public risk management for over 30 years as a risk manager, regulator and practice leader, and by actively supporting and serving on the boards of directors of both PRIMA and his local chapter. David has managed risk for state and local government, higher education and special districts, and has worked with and supported risk managers across the country in many different types and sizes of organization and leadership philosophies. He has been recognized by PRIMA several times for his commitment to the practice of public risk management including PRIMA’s Certificate in Advanced Risk Management, and International Exchange and Public Risk Manager of the Year awards.