Clarissa Cerda on Insurance for Bet The Company Litigation
In today’s video, Miller Friel client Clarissa Cerda gives General Counsel advice on how in-house lawyers can develop a strategy to address and deal with bet the company litigation. Any time a company faces litigation or governmental investigations, insurance is an important component of any solution. In this video, Clarissa discusses exactly how companies can integrate insurance recovery into a comprehensive defense and recovery strategy.
In Clarissa’s particular case, when she was hired as General Counsel, the company was facing a series of highly contentious issues. They faced dozens of lawsuits, and a strategy needed to be developed to successfully defend those lawsuits. Rather than dealing with insurance as an afterthought, Clarissa integrated Insurance recovery expertise into the company’s overall strategy, so that defense costs incurred by the company could be recovered from the company’s insurance carriers. Clarissa understood that she needed a team of insurance recovery experts to help untangle policy language, case history, and notice issues that were at the heart of insurance recovery. We were happy to step in and work closely with Clarissa’s team of team of world class defense lawyers and in-house counsel to develop a strategy that ultimately secured significant insurance recovery funds for the company.
Watch the video to learn more about Clarissa’s particular situation, and give us a call if you find yourself addressing similar concerns. Our Washington, DC office number is 202-760-3160.