In brief - Your insurer will love you if you take risk
management seriously
Know your own business, know the laws that affect it, keep good
records, have a robust credit risk approval system and take risk
management seriously.
Foresight is better than hindsight in preventing insurance
claims
As an insurance litigator and former senior claims manager of a
large Australian insurer, I have seen many professional indemnity
and Directors' and Officers' insurance claims land on my
desk that could have been prevented.
And I've shared the stress and sleepless nights of clients
or insureds as we have worked through the allegations together and
launched the process of collecting evidence to put together a
defence.
