A Conversation About Executive Liability for Producers

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Director of Insurance Content and Mentorship, Paul Martin, CIC, CPCU sits down with Richard Clarke, CIC, CPCU, RPLU, a national expert on executive liability, to discuss the latest trends. Drawing on his extensive knowledge and expertise, Richard provides valuable insights to help producers navigate the complexities of executive liability protection.

This episode sheds light on the evolving liability exposures present in today’s business environment, underscoring the critical importance for business owners, risk managers, and insurance agents and brokers to stay informed.

The pair also discuss Richard’s research publication, Executive Liability Insurance: Evolving Times, Evolving Exposures, Evolving Insurance – 6th Edition. This authoritative and comprehensive resource serves as a guiding compass, equipping industry professionals with the tools they need to navigate the complexities of executive liability insurance.

This conversation will help producers understand the importance of understanding executive liability and why many types of commercial customers need Directors and Officers coverage.

Protect your clients and avoid E&O claims.

Written by Richard Clarke, CIC, CPCU, RPLU, this book examines current trends in underwriting, claims, exposures, and coverages, while also providing a historical overview of the significant legal decisions that have impacted each coverage. Each coverage is presented in an easy to understand manner that ensures insurance veterans, as well as those newer to the industry, can grasp the complexities of each coverage.

Richard Clarke, CIC, CPCU, RPLU

Dick Clarke is a veteran of the property/liability insurance industry, having worked as underwriter, broker and consultant through hard and soft market cycles.  He was formerly Senior Vice President with the regional brokerage, J. Smith Lanier & Co. headquartered in Georgia, having retired late in 2016.  

He publishes articles and teaches on a variety of executive liability, cyber and E&O subjects, and functions as an expert witness, a consultant to buyers of commercial insurance, and to insurance companies concerning product development.  He is a teacher in CE programs for several professional insurance organizations.  His books are listed for purchase on Amazon.com, with the most recent, Executive Liability Insurance:  From the Basics to an Advanced Approach having entered its fifth edition in 2012.  (This work is currently being updated, with a revised, sixth edition available late in 2019.)  Additionally, this book was translated into Japanese for the Risk Management community in Japan, in 2013.  Clarke provided content and editing for The National Alliance’s on-line course on Directors and Officers Liability insurance (2015 to present), and was an original recipient of the CPCU Society’s “Distinguished Instructor in Insurance” award, in 1996.

He holds several professional designations.

 

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