Financial Risk Management

2 Posts
1 Sections
1 Types

October 6, 2023 5 min read Definitions

Understanding Extended Reporting Period (Liability Insurance)

Insurance Law Financial Risk Management Consumer Protection Insurance Extended Reporting Period Claims-Made Policy Liability Insurance Risk Management

Discover what an Extended Reporting Period (ERP) is in liability insurance, and learn how it allows you to make claims even after your "claims made" coverage has expired.

October 5, 2023 4 min read Definitions

Errors and Omissions Clause in Reinsurance

Insurance Legal Studies Financial Risk Management Insurance Reinsurance Errors and Omissions Liability Contracts Risk Management

Understand the Errors and Omissions Clause in reinsurance, ensuring that minor errors or omissions do not invalidate the reinsurer's liability.