CFO Series: Insurance- How to Manage Your Insurance Program?

At its core, insurance is risk management. What insurance does the organization need? What types? What limits should we buy? How large of a deductible should we accept? What is the difference between a deductible and a self-insured retention? What do I need to know about insurance contracts? What should I expect of my insurance broker? What coverage is available and what do I need to buy? Specifically designed for any leader responsible for insurance and risk, the insurance function is critical to the ongoing viability of an organization. We will review a practical approach to managing insurance.

Presented by Brian Maturi, MBA, FCA

Corporate financial leaders, corporate financial managers, CEOs, CFOs, Controllers, accountants, Board members, advisors, and consultants. CPAs in public practice and CPAs in industry. Business owners, entrepreneurs and professionals who are interested in improved management of the risk and insuranc

After attending this presentation, you will be able to...

• Comprehend insurance law and issues regarding the selection of insurance policies.
• Deploy proven tactics to effectively manage the insurance function.
• Appreciate insurance exceptions and exclusions

The major topics that will be covered in this course include:

• How are risks managed?
  • What is risk transfer?
• What does an insurance broker do, how do we choose a broker, and how should we pay them?
• What can insurance protect against?
• Deductibles, self-insurance, and captives.
• Issues affecting different classes of insurance regarding claims and accessibility.
• Actions you need to take in addition to securing insurance.
• Umbrella policies and how they attach above the primary.

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