Many factors are driving casualty insurance costs to unprecedented levels, including the rise of social inflation, liability settlements and verdicts of all sizes. With increasing litigation costs, third-party litigation financing and evolving jury decisions, organizations are facing greater exposure to high dollar demands, as well as to reduced coverage and higher premiums that may follow. So, what can you do to solve these issues?

In this second discussion in HUB’s Ready for Tomorrow Series, we’ll shift the focus from simply reacting to nuclear verdicts to developing proactive plans to align legal and insurance strategies for improved outcomes. You’ll hear practical insights to help you mitigate legal risks and optimize coverage. Join our panel of legal and insurance experts to help you:

• Understand Third-Party Litigation Funding: What it means for your business and how to guard against its impact.
• Discover The Role of AI & Analytics: How technology is being used to assess law firm effectiveness and drive better litigation outcomes.
• Establish Practices to Align Early: How risk managers, insurers and legal counsel can establish litigation strategies before a loss occurs to minimize its impact, and achieve better pricing, improved coverage and reduced legal expenses as a result.

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• Gain actionable strategies to minimize legal exposure and lower claims costs.
• Learn how data-driven insights can improve defense outcomes.
• Discover how proactive engagement with carriers can lead to better policy terms.
• Understand what insurers look for in their preferred customers.