The panel discusses use cases and provides practical advice on how in-house counsel can use their existing insurance policies to maximize coverage in an unanticipated way (for example, by using D&O insurance for potential coverage in antitrust actions) as well as better mitigate risk by obtaining insurance for specific litigation risks (for example, intellectual property insurance). The panel also gives advice on how in-house counsel can work more effectively with their in-house risk managers and outside brokers particularly when balancing considerations such as providing insurers notice of a potential claim, giving up control over the defense of the litigation, and managing concerns that claims will increase premiums.
Sponsored by the Corporate Counsel Committee