Understanding Directors' & Officers' Liability

GTA Office

18 King St. East, 16th floor, Toronto, ON, M5C 1C4 [Map]
Date and Time: September 24, 2019 9 am - 12:15 pm
Speaker(s):
Mario Fiorino, Senior Counsel
Senior Counsel, Insurance Bureau Of Canada

Understanding the duties and responsibilites of Officers and Directors is not always clear. Today, under increased public scrutiny and in light of significant regulatory developments, corporate directors must fully grasp every aspect of their strategic, fiduciary and legal roles and brokers must ensure that they recommend appropriate coverage’s to their corporate clients.

Where does responsible oversight of corporations begin? What are the recent developments in Directors' Liability?

This seminar will address the critical issues facing officers and directors today. You will gain the necessary tools to provide steady prudent insurance counsel and advice in a difficult and demanding legal environment.

By the end of the sessions, you will have insight about:

Understanding the Regulatory Framework of Directors and Officers Liability and Corporate Governance

  • The statutory and common law duties and responsibilities of directors
  • The rights of shareholders
  • The rights of other third parties

Understanding Liability Risk Assessment Factors for Private and Not for Profit Companies

  • Identifying the risk factors
  • Managing the risk factors
  • The Solution – Understanding Directors and Liability Insurance Coverage

    • Coverage provided
    • Who is insured
    • What claims are covered
    • Exclusions
    • Obligations of the insured
    • Obligations of the insurer
    • A variety of adult learning methodologies will be utilized including insurance coverage specific case studies.

       

      Who Should Attend?
      Senior Producers, Mid Level Producers, CSR’S Interested in commercial insurance, Brokerage management

      CE Hours: 3 Technical RIBO hours


      PLEASE NOTE:
      - Prices below are for IIO Members. Fees noted below do not include hst.
      - Non-members and renewing members please add the IIO Membership fee
      - Sorry, no refunds. Credit notes issued only with 48 hour written notice.
      - The price of our half-day seminars include breakfast snacks upon arrival and morning refreshment.


      Group rates are available for 3 or more members attending the same session, please contact us: GTAseminars@insuranceinstitute.ca