Directors & Officers Insurance—Your School's Most Important Policy

Directors & Officers Insurance—Your School's Most Important Policy
Directors & Officers Insurance—Your School's Most Important Policy

Date(s):
Time: 3:00pm ET
Certification Credits: 1 BCP

Your Directors and Officers liability policy might just be your school’s most critical insurance protection. Explore how an inferior policy—or the wrong one entirely—can present significant exposure to your school.

Damages sought under D&O can range anywhere from a nuisance claim to one seeking millions of dollars in compensation. They can even include a request for punitive damages if the action in question is considered egregious enough.

Using independent school data collected over a five-year period, reflecting actual incidents, complaints, claims, and lawsuits brought against schools, this webinar will examine the key sources of these claims and techniques to reduce your school’s exposure in each of these areas.

We'll cover these topics and more:

  • Explore D&O best practices —what it covers and what it does not
  • Key coverage protection you want
  • How your D&O policy should respond to claims of employment educational practices
  • Covering legal costs
  • Exclusions to watch for
  • Risk management techniques to reduce the chance of having to use your policy
  • Cyber risk reduction and insurance protection
  • What your broker owes you

Run time:

Total run time is 60 minutes. The presentation will run approximately 45 minutes with 15 minutes designated for Q&A.

Who should attend:

This webinar is appropriate for School Heads, Trustees, Board Presidents, CFOs, Business Managers, and HR directors.

Martin KellyMartin Kelly

President of ISM Insurance Inc.

Expertise

Martin has worked to serve private-independent schools with the most comprehensive and mission-appropriate insurance coverages for over 25 years. He’s been the President of ISM Insurance Inc. since 1996 and has worked with 1,200 schools, insuring in excess of 30,000 staff and 200,000 students.

Current Role

Among other initiatives, he has developed a private-independent school-specific risk management assessment service for ISM, including review of crisis response plans, facilities safety, employment practices, bullying and harassment, reporting and investigation protocols, trips and travel, contracts, and insurance.

Martin writes for Ideas & Perspectives, ISM's flagship advisory letter, in his areas of expertise. He has presented on risk management to numerous school associations over the past several years and has conducted numerous on-site assessments.

Prior Experience

Martin began his insurance career as a large case underwriter. He was then asked to assume the position of director of a multimillion-dollar, multiple-employer trust division for a large national insurance company, to improve performance and profitability. After successfully meeting that challenge, Martin helped start up a group division for another national insurance company and in five years, grew the business to over $100 million in premiums.

Martin then moved to "the other side" of insurance, becoming a third-party administrator specializing in medical associations. He worked with over 1,000 physicians, including the College of American Pathologists, in the areas of employee benefits and medical malpractice.

Education

Martin holds an MBA from Widener University (PA), a BS in economics from Villanova University (PA), and a Certified Risk Managers (CRM) degree.

If several of us at the school want to attend the Webinar, do we each have to register and pay?

If two or more people at your school want to attend the Webinar in the same location (for example, in a conference room with one monitor) then you only need to register and pay for one person who will receive the email and link. If you have people in remote locations, each person will need to register and pay separately. Essentially, a registration and payment gives you one link to the Webinar.

Will I receive a reminder about the Webinar I’ve just purchased?

Yes. A message will be sent to the e-mail address you registered one or two days before the run date. You will receive a link to the Webinar Website as well as PDF slides of the presentation you will be attending.

What happens if I miss my Webinar? Will the fee be refunded?

If you’ve missed your scheduled Webinar, don’t panic—you will automatically receive a link to the recorded Webinar, barring any technical difficulties that prevent us from recording the session.

Will I receive the recorded version of the Webinar I just attended?

You will receive a personalized link to the recorded version which is included with the live Webinar pricing. You may watch this as many times as you need; however, you will not be able to share this link. If you would like to share the recorded version, you will need to purchase a download. Check the archived Webinar library about two weeks after your live Webinar.

What if I have questions about the presentation? Whom do I contact?

During the Webinar, you will be able to type questions, thoughts, and concerns in the communication box. Each Webinar allows 15-minutes for answering these.

What is the difference between single-topic Webinars, Webinar clusters, and Webinar courses?

Single-topic Webinars: These are basic, 60-minute Webinars (typically 45 minutes long with a 15 minute Q&A session), covering various timely concerns and/or situations. Our calendar is updated monthly, and sometimes weekly, as these sessions are designed to tackle a current need within the private-independent school world.

Webinar clusters: These are Webinar sessions covering one topic, but divided into multiple sessions over several days so that the topic can be explored in more detail without overwhelming the attendees. They are designed both for timely topics, such as an update on recent federal laws, and for more general concerns, such as designing your employee medical package to meet both your budget goals and your school’s unique culture.

Webinar courses: These Webinars are designed to function as an ISM workshop but are done remotely. Since they are remote you will not need to travel and incur additional expenses due to that travel. Webinar courses are broken into smaller segments than typical on-site workshops so you won't need to sit in front of your computer for days on end. In fact, Webinar courses can extend over months giving you time to work on projects that a workshop leader may require.

Confirmation and Cancellation Policy

We will correspond with you through email as soon as your workshop is confirmed, no later than two weeks prior to its start date. Occasionally, we may be forced to cancel an unconfirmed, scheduled workshop due to insufficient registration. So we ask that you do not make non-refundable travel arrangements until you receive notice that your workshop is confirmed. (ISM will not be responsible for any change/cancellation charges assessed by your airline or travel agent.)

Tuition Payment and Cancellation Policy for In-Person, Group-based Programs

Tuition must be paid in full 10 business days prior to the start date of the in-person, group-based program. An attendee with a balance due on the start date will be denied entrance to the program until the balance is paid in full.

Cancellation requests must be made in writing by emailing workshops@isminc.com, faxing to 302-656-0647, or mailing to: Professional Development Coordinator, ISM, 1316 N. Union St., Wilmington, DE, 19806.

  • Cancellations received more than 15 business days prior to the start date of the program will be fully refunded. Gold Dollars will also be fully refunded.
  • There will be no refunds for cancellations made less than 15 business days before the start of the program. For registrations paid for with membership Gold Dollars, the member school will receive a 50% refund of Gold Dollars.
  • Non-payment of tuition or no-show to the event does not constitute a cancellation. Full tuition will be due and payable.

The Substitution Option and Wallet Option

Should an attendee need to cancel less than 15 days prior to the start date of the workshop, the school has two options to avoid penalty. Schools may also exercise these options at anytime for cancellations. 

  1. The school may substitute another employee.
  2. The school may bank the funds for a future ISM registration. These funds must be applied to a professional development event within one year from the start date of the original workshop. After one year, the funds will be forfeited. To use banked funds, please call the Professional Development Coordinator at 302-656-4944 x152.

*We DO NOT accept enrollments from consultants.

Image of a teacher and students in class
Image of a teacher and students in class

Our Guarantee

ISM believes in providing quality and excellence in all of our events and in ensuring the satisfaction of everyone who attends. Nearly 100% of our participants say they would recommend our events to their colleagues. If you are not satisfied with your event for any reason, ISM will credit the fee you paid toward another similarly priced workshop or will refund it.

If you have any questions, click below to send us an email. 

Webinar Registration

Register for your Webinar online by filling out the form below. 

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