Free CMG Seminar: Changing Environment, Emerging Risk
February 1, 2011
February 22, 2011
These tough times reaffirm the trend in which Directors and Officers of credit unions are exposed to litigation from breaches of their fiduciary responsibilities for management oversight of a credit union. In fact, recently the NCUA adopted new requirements that apply to credit union officials of federally chartered credit unions.
Find what your credit union can do in this changing environment to protect your board, including implementation of good governance practices and obtaining a properly constructed management liability insurance program by Joining CUNA Mutual Group in Federal Way, Wash., on March 23, or Lake Oswego, Ore., on March 24, as CUNA Mutual insurance and protection executives Jim Sherrill and Roger Nettie lead an open discussion of how the changing environments impacts risk at your credit union, including an update of recommended insurance coverages, best practices and how to ensure protection for your credit union.
Learn the critical steps directors and officers need to understand in order to protect their personal assets.
Credit unions continue to face challenges and expanding litigation exposures, so it’s never been more important to ensure that you have the right protection for your credit unions, officers, directors, employees and volunteers.
Nine out of 10 credit unions* choose CUNA Mutual’s insurance and risk management solutions with a vast array of coverages and options to provide optimum protection.
But best practices regarding insurance programs continue to evolve with changing business and economic factors. CUNA Mutual commercial products, including Bond, Management & Professional Liability, Plastic Card, Property & Business Liability, Workers Comp, Cyber Liability and Collateral Protection also will be discussed.
Jim Sherrill is the Director of Product Distribution at CUNA Mutual. Sherrill’s responsibilities include the support of the field personnel in working with and serving credit unions and serving as a technical and strategic link between CUNA Mutual’s product and sales operations.
Roger Nettie, Staff Underwriting Specialist for CUNA Mutual’s Bond program, provides technical guidance to field sales specialists and underwriters serving credit unions.
Complimentary seminar for CEOs, Executives and Board Members
March 23 – NWCUA Training Room, Federal Way, Wash.
March 24 – Crowne Plaza, Lake Oswego, Ore.
RSVP: Click Here to Register
9:00 a.m. to 11:00 a.m.
Overview of CUNA Mutual Insurance and Risk Management From employee dishonesty and electronic crime to Home Equity Line of Credit (HELOC) fraud and third-party vendor risks, understanding how to protect your credit union in this changing environment is more important than ever. We will cover critical trends and how to protect your credit union in this opening segment.
11:00 a.m. to 12:00 p.m.
Cyber Liability – Litigation threats from cyber liability breaches have risen recently. At the same time, credit unions must comply with existing and emerging privacy and data security laws and regulations. Find out how your credit union can identify emerging cyber risk exposures and liabilities, uncover the limitations of traditional insurance, and protect itself with new cyber liability insurance programs in this sixty-minute session.
12:00 – 12:30 p.m.
12:30 –2:30 p.m.
Directors & Officers Liability – Exposures, Controls, Indemnity and Insurance
2:30 – 3:30 p.m.