Flood Insurance Webinar: Coverage & Claim Perspectives

This 90-minute presentation will cover the fundamental concepts of flood insurance and provide real world lessons and examples from claim settlements. Participants will learn about the various sources of flood insurance coverage, including the National Flood Insurance Program, standard property policies, stand-alone excess flood policies and the various coverage limits, terms and conditions available through these sources.

This webinar will also address how to communicate with borrowers and establish adequate limits to meet internal and government mandated insurance requirements. It will educate lenders, servicing personnel and asset managers about the types of losses, and valuation allowed by these various policies and procedures.  

Webinar attendees will develop the skills to understand:
How much insurance is required to protect your collateral?
Key insurance terminology and policy terms and conditions.
The claims process and the impact it has on the ultimate claim settlement amount.
Setting the right insurance requirements for you loan.
Ensuring that any claims that occur are properly adjusted to protect your collateral.  

Who Should Attend?
Insurance Directors
Loan Closers & Underwriters
Commercial Servicers Asset Managers  

Mike McDaniel, President & Owner, Fortress Risk Consultants
Tim Larsen, Executive Adjuster, Greenspan Co./Adjusters International  

Click here for more information.