SESSIONS BY LEARNING TRACK
Waivers of Subrogation vs. Insurance – A Battle or a Marriage?
Speaker(s): Robin Federici, CPCU, AAI, ARM, AINS, AIS, CPIW, Insurance Education & Training Associates
So often, the contracts our commercial insureds are signing ask that they waive subrogation. What exactly does this mean and, more importantly, can our insured comply with this contractual request? This topic will explore these “waivers” and look at some samples of current contractual waivers used in the marketplace today. These requests will be compared to current ISO property, CGL, and auto policies. We will also explore the WC question of, “Why does a waiver of subrogation make absolutely no sense?”
Robin Federici , CPCU, AAI, ARM, AINS, AIS, CPIW has been writing and presenting insurance education programs to the insurance industry for over 30 years. She formed Insurance Education & Training Associates (IETA) in 2003, after serving the Independent Insurance Agents of Rhode Island (IIARI) for sixteen years; first as Director of Education and subsequently as Assistant Executive Vice President.
This followed a lengthy career in both underwriting and sales with insurance agencies and companies. Even during her agency and company days, Robin created education courses to present to her peers as a volunteer instructor for IIARI.
Robin is a technical insurance and agency management expert with the Independent Insurance Agents & Brokers of America’s Virtual University. This role, coupled with her extensive background in both the agency and company ranks, and her love of teaching, adds a unique dimension and immediate and practical value to the programs she presents to insurance professionals countrywide.Robin is also the author of Swiss-Re's current E&O program - "E&O Management - Meeting the Challenge of Change".
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