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Understanding Deductibles and Self-Insured Retentions

Build your expertise as you take a fresh look at deductibles and self-insured retentions (SIR) in property and liability insurance policies and losses. Explore the application of deductibles and SIRs in different scenarios, various types of deductibles, and the additional responsibilities for insured parties under SIRs. Understand when and why each are used and identify situations when each, or both, would apply through real world case studies.

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Webinar Details


Understanding Deductibles and Self-Insured Retentions

Understand deductibles and self-insured retentions (SIR) in property and liability insurance policies and losses. Explore the application of deductibles and SIRs in different scenarios, various types of deductibles, and the additional responsibilities for insured parties under SIRs. Identify situations when each, or both, would apply through real world case studies.

Date and Time
Webinar Duration
60 minutes
Topics
  • Define deductibles and self-insured retentions
  • Explain why and when deductibles and self-insured retentions are used in insurance policies
  • Identify situations in which each deductibles and self-insured retentions would come into play

Presenter

Michael Brown, CPCU headshot

Michael Brown , CPCU

VICE PRESIDENT / COMMERCIAL PROPERTY UNDERWRITING MANAGER , Golden Bear Insurance Company

Michael Brown holds several industry designations, the Property Technical Certificate I, and the standards of training in Evaluating Earthquake Damage as required by the California DOI for earthquake claims adjusting. In addition, Michael has written articles related to property catastrophe insurance for Risk Management and WIN magazines; and has been interviewed for articles in several journals. Michael was named a 2016 Risk Management All-Star by Risk and Insurance magazine and one of the Hot 100 insurance professionals for 2019 by Insurance Business America magazine.

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