Financial institutions are facing record exposures and increasing obstacles to securing insurance, due to the fallout from the financial crisis and an era of heightened regulation. E&O, D&O, fiduciary liability, cyber risk claims, financial fidelity (bond), even P&C – on a variety of fronts, insurance professionals and policyholders are looking for answers on assessing risk, managing litigation, defending claims and altering underwriting processes going forward to address the changing financial institution landscape. That is why you cannot afford to miss American Conference Institute’s 2nd National Advanced Forum on Financial Institutions Insurance. In addition to unparalleled networking opportunities, this conference will provide attendees with the latest insights and expert advice from our exceptional faculty including on:

• The State of the FI Insurance Market in the Wake of the Financial Crisis: New Exposures, Coverage Options, Claim Trends, Risk Evaluation, Pricing and Selling, and Beyond
• The Current Regulatory Risk and Litigation Climate: Obtaining the Necessary Coverage in Response
• D&O Insurance: The Latest Nuances in Coverage for Financial Institutions, the Impact of Bank Failures and the FDIC’s Failed Bank Litigation
• E&O and Fiduciary Liability Coverage: What Financial Institutions, Carriers, Brokers and Counsel Now Need to Know in Today’s Competitive Market
• Cyber Risk Coverage for Financial Institutions: An Assessment of Current Products, Risk, Coverages and Claims
• Best Practices for Claims Handling Between Financial Institutions and Insurance Carriers
• Investment Advisors, Hedge Funds and Private Equity Firms: A Focus on the Unique Risks and Insurability of Asset Management Entities
• The Aftermath of Failed Financial Institutions Including the Impact of Insolvency on Coverage, Claims and Costs
• Insolvent Insurers and the Impact on FI Coverage and Reinsurance
• FI Bond and Related Crime Exposures: Lessons Learned From Recent Exposures
• Property and Casualty and Business Interruption Insurance Considerations for Financial Institutions
• Forced Placed Insurance: Purchase, Coverage Attainment, Compliance, and Regulatory Enforcement and Litigation that Financial Institutions Are Facing
• And more

Please join Reed Smith Partner, Andrew Weiner, who will participate in the presentation titled "FI Bond and Related Crime Exposures: Lessons Learned From Recent Exposures" which will cover the following:

• Underwriter and risk management concerns resulting from the economic downturn
• Changes in FI bonds and policies and how the market has responded
• Frauds by employees: where are the major areas of concern?
  • Fraudulent withdrawals
• Bond coverage for smaller/community banks: how do the risks differ from larger FIs and how are they addressed in the policy structure and wordings?
• False accounting and money laundering
• Mortgage fraud: what’s emerging as the dust settles?
• Addressing exposures resulting from unauthorized trading
• Emerging FI bond markets: what’s on the horizon?