A recent report finds one in three organizations now rank cyber threats as their top concern. In-house counsel also know that their companies face significant risks from issues ranging from litigation to climate change. While buying insurance is seen as a way to reduce some of these risks, these policies do not always cover every circumstance. GCs often look for insight – inside and outside the organization – to better understand these policies.
In this Video Expert Perspective, Corporate Counsel Editor-in-Chief Heather Nevitt talks about some of the significant risks in-house counsel will face over the next year, with Scott Godes and Kevin Dreher, partners and co-chairs of the Insurance Recovery and Counseling Practice at Barnes & Thornburg. They give their unique perspective on the risks companies face and how insurance policies don’t always cover all circumstances.
Click on this video to learn more about:
- How weather-related incidents, including wildfires and hurricanes, are becoming more significant risks that in-house counsel need to consider when buying insurance and creating corporate policies;
- Why cyber is now considered the greatest threat to organizations and why many cyber insurance policies fall short;
- Why GCs need to collaborate with other C-Suite executives and experienced outside partners when buying insurance policies as a hedge against risk.
For more insights into insurance and risk, check out these additional resources from Barnes and Thornburg.
Know the Risk: How the Right Insurance Approach Helps GCs With Litigation
Insurance & The C-Suite: How Corporate Counsel Can Mitigate Risk
Disclaimer: This video should not be construed as legal advice or legal opinion on any specific facts or circumstances. The contents are intended for general informational purposes only, and you are urged to consult your own lawyer on any specific legal questions you may have concerning your situation.
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