ACC NCR Summer Series: How to Use Contracts to Transfer Risk

Insurance is a multifaceted asset that companies use to protect against and manage risk far beyond the traditional areas of general liability, including in complex commercial payment relationships,  corporate mergers, purchases, and realignments. 

Insurance provides layers of assets that should be conceived and utilized in coordination with other risk mitigation and hedging tools like indemnity agreements, hold harmless, swaps, and subrogation. Conceiving and utilizing these risk mitigation measures, and ensuring that they weave together in the optimal waterfall of the assets, is a key function of understanding, planning, and mitigating your company’s risks, and preserving your company’s capital assets.

This program will explore mechanisms to manage and transfer risk and to create a connected series of protections. 

Presented by John Gibbons, Partner and Vice Chair, Insurance Recovery Practice, Blank Rome LLP and Carnot Evans, Vice President & Senior Counsel at Marriott International, Inc.

1.5 hours of VA MCLE credit pending.