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CE Credits: CERP 1.25
Description: In this Insurance Webinar, Brien O'Connor, President of Bankers Insurance Agency, will present a very informative and fast pace discussion of key insurance policies all banks must have. With over 30 years of insurance experience focused solely on banks, Brien has collected a myriad of insurance claims – some that were paid, and some that were not. Brien will point out the “gotchas” where, if not properly insured, a bank may suffer significant monetary losses. He will discuss the Financial Institution Bond, Directors and Officers insurance, as well as Cyber Liability. What do these policies cover and NOT cover? Why are some claims not paid by insurance? What must my bank do to be sure that our cyber exposures are properly insured? What are examiners looking for when they question insurance policies? Even if your position isn’t handling insurance, you’ll be educated on the key policies affecting a bank’s financial wellbeing and entertained by the many “war stories” Brien has to offer which explain how insurance does and sometimes does not protect a bank.
Presenter: Brien O'Connor, President of Bankers Insurance Agency
Brien O’Connor has been with TBA since 1989 and heads up Bankers Insurance Agency. Brien specializes in bank insurance coverages – Financial Institution Bonds, Directors and Officers Liability, Cyber Liability and Commercial Package coverages. Brien has taught thousands of bankers and held classes in these topics as well as been an expert witness for the FDIC in cases involving Financial Institution Bonds. Bankers Insurance Agency insures over 250 banks across Texas, Oklahoma, Kansas, Colorado and Arkansas.