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Thursday, June 22, 2017

Introduction to Bailee Liability Insurance
Event Details
Date(s): June 22, 2017
Time: 2:00 PM  EST - 3:00 PM  EST
Event Website:
Organization Details
Organization: IMUA
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Join us for an informative webinar: Introduction to Bailee Liability Insurance.  This session will present the unique elements of the bailment relationship including the responsibilities of the bailor and bailee, along with underwriting considerations.
A bailment relationship exists when property is delivered for some special purpose, such as storage, safekeeping, etc.  The parties to the arrangement are the bailor--the custome who owns the prpoerty and the bailee--who receives custody of the property.

These key concepts will be presented in the webinar:

      - Overview
        Types of coverage, responsibilities of the parties and the      difference between first and third party coverage.

      - Underwriting Considerations
         Experience of the bailee, types of cargo being stored,      location security, flood and crime exposures.

      -Potential Conditions & Exclusions
        How are defense costs handled, coverage limits, delay/loss of market, mysterious disappearance, does coinsurance apply, etc.

      -Claim Examples
       Temperature related cargo, shelving issues and mysterious disappearance.

This will be a lively and informative session presented by:

Karen Rzeszutko
Assistant Vice President
Roanoke Claim Services

Brokers welcome at member pricing!  
Please email your name, address and phone number to to receive your user ID and password. 

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