Michelle Klein Receives Claim Executive of the Year Award

Michelle KleinCongratulations to Michelle Klein, who will be receiving the Claim Executive of the Year award this September. This award is given to claims professionals who have served the insurance industry for years with the utmost leadership, creativity, and dedication, achieving superior results with high levels of professionalism. More information about this award can be found here.

Net proceeds from the celebration dinner will be donated to the charity of Michelle’s choice, Babes Against Cancer. This charity raises over a million dollars every year to support the American Cancer Society’s research. This award represents an incredible achievement, and we are so proud of Michelle for the work and effort she puts into her career.

Michelle is the Senior Vice President and Chief Claims Officer of Berkley Professional Liability, a Berkley Company. She is also the secretary of the Eastern Chapter, a current Committee Member, and was a Co-Chair for the D&O Symposium both this year and the year before.

Thank you for your commitment to the industry, Michelle, and congrats on your well-deserved award!

2018 PLUS Conference Preview: Everything is D&O (But Didn’t Use to Be)

Here is our last exclusive preview of one of the stellar education panels happening at the PLUS Conference in just a few days. Keep an eye out for conference coverage on the blog, as well as on the PLUS twitter and the PLUS Instagram accounts. Use #PLUS2018 to join the conversation!

This panel will cover how the #MeToo movement is changing how companies react to and handle sexual conduct issues, and how this affects claims, coverage, and more. Dove Burns will be moderating this session on Friday, November 9. Panelists for this session include Kristine D’Amato, Tony Galban, Eric Sauter, and Carol Zacharias.

Below is a summary of the panel as well as a white paper by panel moderator Dove Burns. The conference begins on Wednesday, November 7—we hope to see you in San Diego!

Friday, November 9, 3:00 pm – Everything is D&O (but didn’t use to be) / #Metoo

With the #MeToo environment creating hysteria in the boardroom, companies are paying closer attention to sexual conduct issues and using extreme measures to enforce a non-hostile environment. As a result of this movement, new legislation may be enacted, extending limitation periods and creating additional duties on companies and executives. This presentation will discuss loss controls, how companies mitigate claims and promote inclusiveness among executives as well as employees in the workplace.

Moderator: Dove A. E. Burns, Partner, Obermayer, Rebmann, Maxwell & Hippel, LLP

Panelists:

Kristine D’Amato, Director, Executive Risk Claims, Crum & Forster

Tony Galban, SVP, D&O Product Manager, Chubb North American Financial Lines

Eric Sauter, Esq., Partner, Wilson Elser

Carol Zacharias, Underwriting Counsel, QBE

White paper: The Weinstein Effect (CLM Magazine, April 2018)

2018 PLUS Conference Preview: D&O Cryptocurrency & Blockchain

Next week is the start of the 2018 PLUS Conference, and we have our second to last education session preview. Keep an eye on the blog for a final exclusive preview as well as daily updates as the conference gets underway.

This panel will take place on Thursday, November 9, and will be moderated by Shanda Davis. The session will focus on the challenges that Initial Coin Offerings (ICOs) can pose to the D&O industry and what you can do to stay ahead of the curve. Panelists for this session include Scott Diamond, Claudette Kellner, Garrett Koehn, and Brian Mukherjee.

Below is a summary of the panel as well as a white paper on virtual currencies. The conference is coming up quickly, and you won’t want to miss the incredible education and networking opportunities. There’s still time to register, but the window is closing fast, so register now and join your colleagues at the PLUS Conference in San Diego next week!

Thursday, November 8, 3:00 pm – D&O Cryptocurrency & Blockchain

Initial Coin Offerings (ICOs) are more than a trend. In the last few years, companies have raised over $10B selling digital coins or tokens through ICOs and the phenomenon has attracted a deluge of attention from regulators, investors, entrepreneurs, and even some mature companies looking to crowdfund off of the digital craze. For the D&O industry, ICOs present new challenges in terms of coverage, pricing and risk. In this session, the panelists will discuss the current state of ICOs, the regulatory environment, coverage trends and what’s next.

Moderator: Shanda Davis, D&O Product Manager, Travelers

Panelists:

Scott Diamond, Managing Partner, Chicago Digital Asset Network

Claudette Kellner, National Product Leader Public D&O, CNA

Garrett Koehn, Regional Director, Western U.S., CRC Insurance Services Inc.

Brian Mukherjee, Counsel, Goodwin Procter, LLP

White paper: A CFTC Primer on Virtual Currencies (CFTC, October 2017)