PLUS D&O University | Spring Session
Build your D&O knowledge base with this 5-session virtual series!
Start Date - End Date
April 11, 2023 - April 12, 2023
Registration Deadline
Monday, April 10, 2023
Pre-registration is closed!
Still want to attend? Email edusupport@plusweb.org to register
Counts towards the ExecPLP Designation

Bulk Registration Discount | Let PLUS help with the training of your employees and get reduced registration fees for attendees! A 10% overall discount is available for any company that registers three or more people for this event. Email edusupport@plusweb.org for further details before submitting your registrations.
Registration Fees
Price Description | Amount |
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Registration | $475.00 |
Available Functions
Tuesday - April 11 | ||
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10:00 am - 11:00 am | ||
Fundamentals of D&O Liability Insurance and Indemnification Federal and state statutes govern the actions of corporations, private companies, and non-profit organizations. The directors and officers of these businesses must comply with the statutes and fulfill the duties owed to their organizations’ shareholders and stakeholders. When laws are broken, or when directors and officers breach their duties, someone is usually damaged - shareholders may lose money, the organization may miss an opportunity to generate sales or increase membership, or an employee may be terminated. These events can lead to claims, lawsuits, and other actions against the directors and officers. However, not all such exposures are covered under D&O insurance policies. Lawsuits filed by shareholders and criminal charges are obviously claims, and most policies also cover regulatory proceedings. Coverage is not always as clear when the company is under investigation and no charges have been filed, or when directors and officers are subpoenaed to testify. Currently, more policies have an expanded definition of a claim or more precise wording that defines exactly what is and what is not considered a claim. This session will provide an overview of the types of claims that might implicate D&O insurance policies and what is considered a covered claim under such policies. All sessions will be held in Central Time. |
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11:30 am - 12:30 pm | ||
Sources of D&O Liability Directors and officers are exposed to various types of liability under securities and employment laws, as well as other statutes and common law. In this session, we will review statutes and common law governing directors and officers including securities laws, employment laws, and other laws as sources of D&O liability. This session will also explore the duties Directors and Officers have to their organizations and what happens when these duties are breached. |
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1:00 pm - 2:00 pm | ||
D&O Liability Insurance Federal and state statutes govern the actions of corporations, private companies, and non-profit organizations. The directors and officers of these businesses must comply with the statutes and fulfill the duties owed to their organizations’ shareholders and stakeholders. When laws are broken, or when directors and officers breach their duties, someone is usually damaged - shareholders may lose money, the organization may miss an opportunity to generate sales or increase membership, or an employee may be terminated. These events can lead to claims, lawsuits, and other actions against the directors and officers. However, not all such exposures are covered under D&O insurance policies. Lawsuits filed by shareholders and criminal charges are obviously claims, and most policies also cover regulatory proceedings. Coverage is not always as clear when the company is under investigation and no charges have been filed, or when directors and officers are subpoenaed to testify. Currently, more policies have an expanded definition of a claim or more precise wording that defines exactly what is and what is not considered a claim. This session will provide an overview of the types of claims that might implicate D&O insurance policies and what is considered a covered claim under such policies. |
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Wednesday - April 12 | ||
10:00 am - 11:00 am | ||
D&O Claims Management Each D&O claim, like each D&O policy is unique and when a D&O liability insurance claim is reported, the reporting requirements, defense options, and coverage issues may be different from other types of insurance. In this session, you will learn about the D&O claims process, the parties involved in defending a claim, defense of claims, allocation issues and the settlement process. |
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11:30 am - 12:30 pm | ||
D&O Current Trends and Issues Market volatility, inflation, the looming threat of bankruptcies, ESG risks, increasingly litigious environments and growing regulatory scrutiny are some of the challenges combining to increase the range of risks faced by corporate boards and company executives today. During these increasingly litigious and volatile times, D&O insurance has never been more important to address emerging and long-standing exposures resulting from heightened scrutiny from a wide range of stakeholders. Understanding the current state of play and best practices for insurers, policyholders and their brokers is key to successfully navigating the current D&O insurance market. This session will provide essential information about the current and emerging D&O liability exposures, identify the current underwriting and claims trends and issues, and explore the current and anticipated future state of the D&O insurance market. |
Speakers
Name | Organization | Speaking At |
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Brenda Shelly
<div style="text-align:center;font-family:'Calibri';font-size:11.00pt;"><span style="font-family:'Calibri';font-size:11.00pt;"> <p>
<strong>Current Responsibilities</strong>
<br/>
Brenda Shelly is a Senior Client Advisor, FINPRO, Northeast Zone, based in New York. She is responsible for driving client results for all financial insurance lines and claims management for F500, IPO and M&A organizations. Brenda is a seasoned broker, client advisor and business development professional with 36 years of D&O and other professional lines experience; 20 years with Marsh. She is dedicated to serving our clients and teams while working creatively, collaboratively and relentlessly to exceed client expectations.
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<br/>
<strong>Experience</strong>
<br/>
Prior to her current role, Brenda was National FINPRO Leader, Canada where she led a dynamic team of Management Liability experts serving clients across Canada. Her responsibilities included achieving new business and client retention targets, creating operational efficiencies, enhancing the colleague experience to drive exceptional client results and managing the financial insurance lines and claims management for F500, IPO and M&A organizations.
<br/>
<br/>
Before going to Canada, Brenda served for five years in the New York office as Marsh’s D&O Product Leader, Chairman of FINPRO’s Global Advisory Board and its Global Content Leader. Prior to that, she was FINPRO’s Pacific Bay Area Practice Leader, Pacific North Growth Leader, Technology Leader and National IPO Leader. She has also served in corporate roles for Marsh, including Global Head of Client Engagement and Global IMPACT Leader.
<br/>
<br/>
Brenda also spent seven years at Willis Towers Watson, where for three years she was Director, Client Advocacy for North America, and prior to that, Western Region Practice Leader for FINEX.
Her first 10 years in the insurance business were spent as an underwriting manager for Chubb and Lloyd’s of London managing general agent, SPMI.
<br/>
<br/>
<strong>Education</strong>
<ul style="list-style-type=disc;">
<li>BA, New York University</li>
<li>Executive Program, Digital Transformation for Organizations, MIT - Sloan School of Management</li>
</ul>
<br/>
<strong>Affiliations</strong>
<br/>
Named in the inaugural designation of Power Brokers by <em>Risk & Insurance Magazine</em>.
</p>
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Marsh Mclennan | Fundamentals of D&O Liability Insurance and Indemnification |
Jennifer Odrobina
<p>
Jennifer joined Sompo in November 2018 as a Vice President, Technical Specialist, to handle complex Commercial Management Liability and Financial Institutions Claims. Jennifer currently managers the Commercial Management Liability Claims Team. Jennifer has over 15 years of experience in the insurance industry. Jennifer began her carrier at an insurance coverage firm and has worked at other insurance carriers. Jennifer received her JD, magna cum laude, from The Elisabeth Haub School of Law at Pace University, and her BA, summa cum laude, from Canisius College. Jennifer is a member of the New York and Connecticut Bars. She also has received an Associate in Risk Management (ARM) designation. Jennifer is a member of the Professional Liability Underwriting Society (PLUS) and a mentor for the Bridge.
</p>
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Sompo International | D&O Liability Insurance |
John Favilla
<p>
John Favilla joined Berkley in January, 2013 and primarily handles securities class actions against large cap companies, he also has extensive experience in handling and settling derivative actions. He has participated in numerous mediations involving nine figure cases. John has spoken on a number of panels at various seminars including the PLUS D&O Symposium.
<br/><br/>
Prior to joining Berkley, John was with AIG for 18 years in a variety of claims positions. From 2003 through 2012 he managed a claim group that was responsible for 2,000 open E&O, D&O, and employment claims for various financial institutions; prior to that he spent several years as a complex claim director handling high exposure duty to defend professional liability claims. John received his B.A. from Brooklyn College of the City University of New York.
</p>
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Berkley Professional Liability | D&O Liability Insurance |
Justin Kudler
Justin Kudler is Assistant Vice President, Claims at AXA XL in Hartford‚ where he handles professional liability claims. After law school‚ Mr. Kudler worked at a large law firm in Boston‚ where he defended companies and individuals in securities and consumer class actions‚ defended individuals before the Securities and Exchange Commission‚ and represented insurers in litigating complex matters under general liability policies. He also has worked at a firm in Hartford representing plaintiffs in securities class actions. He has published articles on the Private Securities Litigation Reform Act of 1995 and other securities and class action issues. Mr. Kudler received his undergraduate degree cum laude in Government from Harvard University‚ and his law degree from the University of Virginia‚ where he served as Executive Editor of the Virginia Journal of Law and Technology.
</p>
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AXA XL | D&O Claims Management |
Kathryn Walker
<p>
Kathryn Walker started with St. Paul Companies in 1999 in the Professional Errors & Omissions claim unit. She is currently Vice President of Bond & Specialty Insurance Claim at Travelers, and she is responsible for E&O, D&O, EPL, Transactional Liability and Fiduciary Liability claims for public companies and financial institutions.
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Kathryn attended Northwestern University in Evanston, Illinois, and the University of Minnesota Law School. She was a litigation partner at the law firm of Popham Haik Schnobrich & Kaufman, and also worked at the firm of Zelle & Larson, both located in Minneapolis, MN. In private practice, Kathryn focused on business litigation and defended securities fraud class actions and other business-related disputes. She has tried numerous cases, including jury and court trials.
</p>
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Travelers | Sources of D&O Liability |
Kimberly Melvin
<p>
Kimberly M. Melvin is a partner in the Washington, D.C. law firm of Wiley Rein LLP, where she is a co-chair of the firm’s insurance practice. Ms. Melvin is also member of the PLUS Board of Trustees. She regularly counsels professional liability carriers on both coverage and underlying liability issues and has particular expertise in D&O and fiduciary liability insurance, insurance bankruptcy issues and the mediation of large, complex professional liability claims. Ms. Melvin has been listed by <em>Chambers USA</em> as one of "America's Leading Lawyers for Business" in Insurance since 2018. In 2013, Ms. Melvin was named to <em>Business Insurance</em> magazine's list of "Women to Watch."
</p>
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Wiley Rein LLP | Fundamentals of D&O Liability Insurance and Indemnification |
Marissa Streckfus
<p>
Marissa Streckfus, Vice President and Claims Manager for RT ProExec, began her career as a claims specialist at Chubb. Marissa joined RT ProExec in 2017. For close to 10 years prior, Marissa adjusted claims for Directors & Officers, Employment Practices, Fiduciary, Cyber and other Professional Errors and Omissions Liability policies. While employed with Chubb, Marissa attended the University of Connecticut School of Law and graduated in 2015. Marissa is a member of the Connecticut Bar Association.
</p>
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RT Specialty | D&O Current Trends and Issues |
Peter Evans
<p>
Peter Evans is a Senior Complex Claims Director at Berkshire Hathaway Specialty Insurance where he is a member of the Executive & Professional Group. Peter graduated from Vanderbilt Law School and earned his undergraduate degree from Purdue University. Following law school, he enjoyed a diverse litigation practice in Chicago, which included insurance coverage, general commercial litigation, and professional liability claims. After leaving private practice, Peter managed public and private D&O claims at another carrier. He currently focuses on public company D&O and financial institution claims. Peter has published numerous articles related to shareholder litigation and securities regulation.
</p>
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Berkshire Hathaway Specialty Insurance | D&O Current Trends and Issues |
Ron Goldstein
<p>
Ron is a Managing Director with the Legal and Claims Practice Group of Aon Financial Services (“FSG”). In this role, Ron works closely with brokers and clients on issues involving Corporate Directors and Officers Liability, Employment Practices, Fiduciary, Errors and Omissions, Cyber, Fidelity and other executive and professional liability insurance products.
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Ron has over 25 years of experience in the insurance industry. Prior to joining Aon, Ron was Vice President and Global Claims Manager leading the unit at Hartford Financial Products responsible for handling all Financial Products & Professional Liability Claims for The Hartford. Prior to joining The Hartford, Ron was Vice President and Specialty Claims Manager at the Chubb Group of Insurance Companies responsible for managing the department handling Financial and Professional lines claims within the New York and Mid- Atlantic region. Ron began his career in private practice in New York City where he represented various insurers in connection with director and officer and other professional liability claims.
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Ron graduated from The State University of New York at Binghamton and received his J.D. from Brooklyn Law School where he was an editor of the Brooklyn Journal of International Law.
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Ron is a frequent speaker at industry events and an active member of the Professional Liability Underwriting Society where he had been a chair of the Content Committee for the PLUS International Conference and a Committee Member. Ron is a member of the Executive Council, Faculty Member and Dean of the School of Professional Lines as well as has served as Chair of the Management Liability Section for the Claims & Litigation Management Alliance where he is active in developing educational programs for insurance professionals including risk managers and other members of the insurance industry.
</p>
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Aon | D&O Claims Management |
Sarah Abrams
<p>
Sarah Abrams is the Head of Professional Liability Claims at Bowhead Specialty. She oversees the Directors and Officers, Management Liability, and Errors and Omissions claims handling for Public and Private Company insureds. Sarah previously practiced law at insurance coverage and defense firms in Chicago after graduating from Chicago Kent College of Law with a J.D. and Duke University undergraduate. Prior to joining Bowhead Specialty Sarah was the Director of Management Liability at Markel and has worked within the insurance industry as counsel and in claims management for over fifteen years.
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Sarah has spoken on numerous industry panels focused on claims trends in management liability, coverage, and diversity and inclusivity impact on resolution strategy. She has been published in numerous industry periodicals and internet publications, including providing content as a guest blogger on the D&O Diary.
</p>
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Bowhead Specialty Underwriters, Inc. | D&O Current Trends and Issues |
Thomas Judge
<p>
<strong>Overview</strong>
<br/>
Tom Judge serves many roles for the insurance carriers he represents - a best-in-class courtroom advocate, seasoned risk assessor, and shrewd negotiator. He advises on various lines, but the cases on his desk are typically professional liability matters involving complex insurance coverage and bad faith actions, each with millions of dollars of potential exposure.
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These often complex disputes include claims demanding millions of dollars against corporate officers and directors, financial institutions, investment advisors, hedge funds, healthcare companies, information technology providers, accountants, insurance brokers, real estate agents, and other attorneys. The professional liability allegations against them are highly sensitive, requiring Tom's careful analysis and planning to achieve the best possible outcomes.
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The leader of Dykema's professional liability practice, and the co director of Dykema's insurance industry group, Tom has represented insurers for nearly 30 years. Clients quoted in <em>Chambers USA</em> 2022 note, "Thomas is extremely detail-oriented and leaves no stone unturned. He has a strong ability to break down complex issues and is one of my go-to attorneys when expecting tough negotiations."
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He approaches every case with determined, strong-willed advocacy, whether he is leading the insurance company's defense or formulating a strategy with other law firms.
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His analyses are comprehensive and results-oriented, from detailed coverage opinions to meticulously crafted pleadings, briefs, and mediation statements.
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In the courtroom or working behind the scenes, Tom is precise and direct yet polite; he states the client's position articulately, asks poignant questions, and argues his points persuasively. Because of Tom's accomplishments and reputation for professionalism, <em>Chambers USA: America's Leading Lawyers for Business</em> and other rankings list him among the top litigators in his field.
<br/><br/>
<strong>Education</strong>
<ul style="list-style-type:disc;">
<li>George Washington University, J.D., <em>with high honors</em>, 1995, Order of the Coif</li>
<li>United States Naval Academy, B.S., 1986</li>
</ul>
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<strong>Bar Admissions</strong>
<ul style="list-style-type:disc;">
<li>Maryland</li>
<li>District of Columbia</li>
</ul>
<br/>
<strong>Professional Recognition</strong>
<ul style="list-style-type:disc;">
<li>Recognized in Washington, D.C. <em>Super Lawyers</em>® for Insurance Coverage, 2020-2022</li>
<li>Named a Leading Lawyer in Insurance: Insurer by <em>Chambers USA</em>, 2015-2022</li>
</ul>
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<strong>AffiIiations Professional</strong>
<ul style="list-style-type:disc;">
<li>Professional Liability Underwriting Society</li>
<li>American Bar Association</li>
<li>Maryland Bar Association</li>
</ul>
<br/>
<strong>Related Employment</strong>
<ul style="list-style-type:disc;">
<li>Officer, U.S. Navy</li>
</ul>
</p>
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Dykema Gossett PLLC | Sources of D&O Liability |
Sponsors
Materials
View PLUS Event Policies & Conditions
View the PLUS Hardship Policy
Bulk Registration Discount | Let PLUS help with the training of your employees and get reduced registration fees for attendees! A 10% overall discount is available for any company that registers three or more people for this event. Email edusupport@plusweb.org for further details before submitting your registrations.
View the PLUS Hardship Policy
Bulk Registration Discount | Let PLUS help with the training of your employees and get reduced registration fees for attendees! A 10% overall discount is available for any company that registers three or more people for this event. Email edusupport@plusweb.org for further details before submitting your registrations.
This virtual university series counts towards ExecPLP designation requirements. Learn more about the designation here.
This virtual university series will take place over Zoom. Within 24 hours of registering, you will receive a confirmation email from Zoom with your unique link for accessing this virtual series. To be sure you receive this email, please be sure mark Professional Liability Underwriting Society (no-reply@zoom.us) as a
safe sender in your email as sometimes it can get flagged as spam by some companies' filters.
If you don't receive your access information by April 10th, please contact us.
If you don't receive your access information by April 10th, please contact us.
Session Materials & Recordings | After registering, you will receive access to this event's materials and recordings through the LMS. Session materials (PowerPoints, any additional handouts, etc.) will be uploaded in the LMS the week before the event, and session recordings will be uploaded within 1 week after the event. Note that only the live sessions are eligible for CE/CLE credit.
CE/CLE Credit | PLUS will be applying for Insurance CE credit with a variety of states. View the list of states/provinces where PLUS will be applying (updated as credit is applied for and/or approved). Please note that if a state/province is listed but no credit is listed yet, it means PLUS has filed or plans to file and is waiting on approval.
To be sure your state is included in our filings, please email Member Services at least 30 days prior to the event. Please note that while PLUS will make every effort to honor all requests, we cannot guarantee applications will be accepted and/or approved due to state-specific guidelines and deadlines.
CE Attendance Procedures | PLUS staff will track attendance throughout each session in the virtual series. In order to obtain CE/CLE credit for this event, you must be registered for the event, attend each session in full, document your attendance by answering polls for each session, and complete a request form (a link to the form will be provided after the event). These polls will be provided visually on your screen for about 1 minute throughout the sessions.
CE/CLE Credit | PLUS will be applying for Insurance CE credit with a variety of states. View the list of states/provinces where PLUS will be applying (updated as credit is applied for and/or approved). Please note that if a state/province is listed but no credit is listed yet, it means PLUS has filed or plans to file and is waiting on approval.
To be sure your state is included in our filings, please email Member Services at least 30 days prior to the event. Please note that while PLUS will make every effort to honor all requests, we cannot guarantee applications will be accepted and/or approved due to state-specific guidelines and deadlines.
CE Attendance Procedures | PLUS staff will track attendance throughout each session in the virtual series. In order to obtain CE/CLE credit for this event, you must be registered for the event, attend each session in full, document your attendance by answering polls for each session, and complete a request form (a link to the form will be provided after the event). These polls will be provided visually on your screen for about 1 minute throughout the sessions.
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