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Exploring the very interesting and topical area of additional insured (AI) coverage and contractual risk transfer, Lynda and Michael discuss what it means to be an AI, how to secure AI status on another company's insurance policy, and the various types of endorsements that are used to provide AI coverage. In this episode, the duo identify the risks and values associated with securing or providing AI coverage through contractual obligation. They note that courts take varying views on the issue of scope and reinforce the importance of using clear language in contracts to confirm the intent of the AI coverage conferred.
Speakers: Lynda A. Bennett, Partner and Chair, Insurance Recovery Michael D. Lichtenstein, Partner, Insurance Recovery
By Lowenstein Sandler LLP5
2727 ratings
Exploring the very interesting and topical area of additional insured (AI) coverage and contractual risk transfer, Lynda and Michael discuss what it means to be an AI, how to secure AI status on another company's insurance policy, and the various types of endorsements that are used to provide AI coverage. In this episode, the duo identify the risks and values associated with securing or providing AI coverage through contractual obligation. They note that courts take varying views on the issue of scope and reinforce the importance of using clear language in contracts to confirm the intent of the AI coverage conferred.
Speakers: Lynda A. Bennett, Partner and Chair, Insurance Recovery Michael D. Lichtenstein, Partner, Insurance Recovery

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