Building the Perfect Bond Claim: Coverage, Filing & What to Do If Your Claim is Denied

Presenter: David A. Reed, JD, Reed and Jolly, PLLC
Date: Tuesday, May 8, 2012
Time: 2:00 - 3:30 pm Central

Focus:
From your least-experienced teller to your most-seasoned volunteer, everyone in a credit union relies on the bond coverage for their peace of mind.  But the days of calling your bond carrier and having them hold your hand through the bond submission process are over!  While bond coverage is still an essential element of credit union risk management strategy, you need to have a comprehensive bond strategy to achieve success in our current environment.  Join this innovative webinar to gain insight on the subject of bond coverage, claim presentation, and advocacy.

What You Will Learn

  • Understanding risk transfer options
  • Your credit union’s risk profile
  • Institutionalizing your bond review
  • Researching and recording a claim
  • Submitting the bond claim
  • Effective claim advocacy
  • Reviewing claim denial options

Who Should Sign Up?
This informative session will be useful for CEOs, CFOs, lending executives, accounting managers, card managers, collections managers, risk managers, compliance managers, IT executives, HR, and internal auditors.

About the Presenter:
Attorney, author, consultant, and nationally-recognized speaker, David Reed is a partner in the law firm of Reed and Jolly, PLLC.  He provides guidance to credit unions on establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters, and corporate governance.  His engaging speaking style has made him a nationwide lecturer on regulatory compliance, consumer lending, bankruptcy, and collections. 

A former trial attorney and vice president and general counsel of a large credit union, David is particularly known as an expert in the areas of credit union operations, bankruptcy, and collections.  He has trained state and federal examination staff on numerous issues, including BSA, ID theft red flags, SAFE Act, third-party contract management, and bankruptcy.  He also serves as editor of several industry manuals including Collections Manual for Credit Unions and Bankruptcy Guide for Credit Unions.

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