MBA Education Flood Insurance: Coverage & Claim Perspectives Webinar Aug. 18
MBA Education presents a commercial/multifamily webinar, Flood Insurance: Coverage & Claim Perspectives, on Thursday, Aug. 18 from 2:00-3:30 p.m. ET.
This 90-minute presentation covers fundamental concepts of flood insurance and provides real world lessons and examples from claim settlements. Participants will learn about various sources of flood insurance coverage, including the National Flood Insurance Program, standard property policies, stand-alone excess flood policies and the various coverage limits, terms and conditions available through these sources.
The webinar will address how to communicate with borrowers and establish adequate limits to meet internal and government mandated insurance requirements. The session will educate lenders, servicing personnel and asset managers about the types of losses and valuation allowed by these various policies and procedures.
--How much insurance is required to protect your collateral?
--Key insurance terminology and policy terms and conditions
--The claims process and the impact it has on the ultimate claim settlement amount
--Setting the right insurance requirements for you loan
--Ensuring that any claims that occur are properly adjusted to protect your collateral
Who Should Attend
--Loan Closers & Underwriters
--Mike McDaniel, President & Owner, Fortress Risk Consultants
--Tim Larsen, Executive Adjuster, Greenspan Co./Adjusters International