What Counsel Must Do to Maximize Insurance Coverage
Insurance policies are complex contracts, often riddled with pitfalls for the policyholder. The pursuit of a claim in the wake of a loss is equally fraught. Yet all too many companies entrust their assets and their very survival to insurance policies that are vetted by neither in-house counsel nor a broker with the mandate or the know-how to ensure the coverage grant and policy terms are well-matched to the company’s risks. Similarly, companies too often fail to avail themselves of the expertise required to expedite and maximize a claim.