Breakout Session – Property & Casualty Insurance
Paul will be covering the general insurance needs from a property and casualty standpoint to properly cover the assets for the case study. He will also review the general insurance needs for financial planners, highlighting the need for proper cyber insurance and privacy breach insurance.
He will not only highlight cyber and privacy breach but also proper replacement cost insurance on office equipment, business interruption, adequate liability limits to cover financial planners exposure which may include directors and officers and professional liability.
Covering off the case study first, Paul will outline the proper insurance for home, cottage, contents, valuable articles and miscellaneous insurance needs including non-profit, directors and officers, identity theft and other items typically found in a home and cottage policy.
He will discuss how pick a broker with an example of those having access to high net worth insurance markets such as Chubb, Aviva Ovation, Intact Prestige and what makes these markets and brokers different than your traditional broker.
Other topics Paul will discuss:
-Briefly touching on coverage for off-premises insurance such as retirement homes and universities and colleges.
-The benefits of combining your home and auto policies not only from a cost saving standpoint but also putting in personal excess liability over both products.
-Financial planners business insurance.
– Brief descriptions of a proper office policy from a business content standpoint, business interruption, crime, commercial general liability, cyber and directors and officers liability.
-Supply chain impact on insurance industry from a claims perspective.