Effectively managing litigation risks entails understanding what litigation risk transfer vehicles are available to companies. The most apparent way to transfer risk is obtaining appropriately comprehensive liability insurance prior to a claim being filed. Today’s sophisticated legal market brings new ways to allow a company to hedge liability, limiting exposure in connection with even pending litigation. In this episode, Dorsey Partner/Podcast Host Kent Schmidt, along with Kevin Skrzysowski and William Marra of Certum Group, explore how litigants can use these litigation risk transfer products when facing bet-the-company litigation claims, or for those on the plaintiff side, reduce the potential of losing out on a litigation investment.
New Trends in Managing Litigation Outcomes: Litigation Risk Transfer Arrangements
October 17, 2023