Insurance for Fraud-Based Losses and Liabilities: What Banks Need to Know to Identify and Secure Coverage
3570 Las Vegas Blvd South
Las Vegas, NV
Blank Rome partner David A. Thomas will serve as a speaker at Western Bankers’ 2022 Regulatory Compliance & Risk Management Conference, being held November 15 through November 18, 2022, in Los Vegas, Nevada.
Dave’s session, “Insurance for Fraud-Based Losses and Liabilities: What Banks Need to Know to Identify and Secure Coverage,” will take place on Thursday, November 17, from 3:15 to 4:15 p.m.
Banks are routinely subject to losses and claims arising out of various types of fraudulent activities, with cyber-related fraud on the rise. Fortunately, there are insurance products available to protect banks against these events. But banks need to understand what these products cover and how they function, and how to protect their ability to recover when a loss or claim comes in.
This presentation will discuss the types of insurance products that may apply to fraud-based losses and claims, which coverages are likely to be triggered by different types of fraudulent activities and misconceptions about whether coverage may exist, and best practices in responding to a loss or a claim to ensure that the bank protects its ability to recover. A question-and-answer session will follow.
Blank Rome is proud to be a sponsor of this event.
For more information or to register, please visit the event webpage.