Video

Insurance Training Center website home page

Learning with the Insurance Training Center

Learning with the Insurance Training Center – this article and video walk you through the Insurance Training Center online learning system. Learn how to access the Student Dashboard, use the tools to manage your account, customize …

Pay on behalf

Pay on Behalf of vs Reimbursement

“Pay on behalf of” and “reimbursement” are two different approaches to paying the bills associated with a claim. There are pros and cons to both. But …

Extended Reporting Period

Extended Reporting Period (ERP) Explained

VIDEO: An Extended Reporting Period, or ERP, is a finite window of time beyond the end of a claims-made policy during which the insured organization may report claims to the insurer. The ERP extension only …

Duty to defend

Duty to Defend

Duty to defend refers to the obligation to provide a legal defence for a claim made against the insured after that claim has been reported to the insurer.  Read more…

Indemnification and D&O

D&O: Indemnification and D&O Insurance – Side B Coverage

Side B coverage in a D&O insurance policy is all about indemnification. It’s purpose is to financially protect the insured organization when it indemnifies its directors and officers for loss due to a claim. Indemnification is the action of indemnifying, of reimbursing or compensating, a party for loss suffered.

Resource Type: Video

Insurance Training Center website home page

Learning with the Insurance Training Center

Learning with the Insurance Training Center – this article and video walk you through the Insurance Training Center online learning system. Learn how to access the Student Dashboard, use the tools to manage your account, customize …

Pay on behalf

Pay on Behalf of vs Reimbursement

“Pay on behalf of” and “reimbursement” are two different approaches to paying the bills associated with a claim. There are pros and cons to both. But …

Extended Reporting Period

Extended Reporting Period (ERP) Explained

VIDEO: An Extended Reporting Period, or ERP, is a finite window of time beyond the end of a claims-made policy during which the insured organization may report claims to the insurer. The ERP extension only …

Duty to defend

Duty to Defend

Duty to defend refers to the obligation to provide a legal defence for a claim made against the insured after that claim has been reported to the insurer.  Read more…

Indemnification and D&O

D&O: Indemnification and D&O Insurance – Side B Coverage

Side B coverage in a D&O insurance policy is all about indemnification. It’s purpose is to financially protect the insured organization when it indemnifies its directors and officers for loss due to a claim. Indemnification is the action of indemnifying, of reimbursing or compensating, a party for loss suffered.

Duty to manage

D&O: Directors and Officers Duty to Manage Explained

The Duty to Manage. Any judgement as to whether or not directors or officers have acted as they should is assessed by the legal system in light of their legal duties. Have they acted as they agreed to when …

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