At your office, provide a tailored seminar on rating, coverage, and other subjects including:
- What are service organizations, what do they do for their clients, is use of their products mandatory, and how to reduce their cost
- Rating flexibility – how to maximize
- Coverage/forms flexibility – how to easily tailor coverage for a program or a risk
- Risk Purchasing Groups – what are they, what are the advantages and disadvantages, what is the cost to form one
- Program withdrawal – what does a company need to do to withdraw from a program and what are the time frames and/or restrictions
- Residual Markets – what are the costs to a company. How an they be tracked and passed on to underwriters
- Business Continuation Plans – a company may have an IT plan but what about all other operations?
- Program Business – the use of MGAs. Should a company consider fronting? Essential audits of underwriting and claims.
- Market Conduct Exams – how to handle, finalizing a response, mitigating fines and penalties
- Emerging issues – what to look and plan for
- Policy language – intent vs. interpretation. How do courts treata