WTW is pleased to present FINEX Flash, a monthly series of 20-minute webinars on the emerging and developing risks facing companies today. Designed to be concise and relevant, these webinars provide valuable information to executives and key decision-makers on the financial, executive, professional and cyber risks presented by the changing business and legal landscape.
We continue to add new webinars to our FINEX Flash series. We will add new sessions and registration links below as they become available. Please also find links to access our past recordings below, organized by topic.
- Upcoming webinars
- Cyber
- Directors and officers (D&O)
- Employment practices liability (EPL)
- Fiduciary liability
- Fidelity/crime
- Financial institutions
- Claims
Upcoming FINEX Flash webinars
Evaluating AI risk – What every company needs to know
May 1, 2024
Not all artificial intelligence (AI) is created equal. However, what are the emerging risks and questions companies should be asking regarding AI to help evaluate those risks?
Panelists from Armilla AI, Fenwick & West, LLP and WTW will discuss how AI is built, evaluated and what questions companies should be asking to better understand the difference in AI models and their risks.
Details on upcoming webinars coming soon.
Previous webinars
Cyber
Artificial intelligence
November 16, 2023
Artificial intelligence (AI) has been one of the most talked about topics of 2023, despite not being that well understood. Along with the rise in AI use, come questions about potential exposures and risk transfer solutions. Our panelists will discuss the following topics:
- How are our clients using AI?
- Are they protected from potential exposures?
State of the cyber insurance market
February 23, 2023
2022 continued to present new challenges for the cyber insurance market as organizations across all industries addressed new risks and ever-changing market conditions. Join us for an informative discussion where we will discuss the impact of the past year’s events on pricing, coverage terms, and claims trends. This session focuses on the current state of the cyber insurance market including a recap of 2022 and what to expect in 2023.
Overview of the cyber claims recovery process
January 19, 2023
Maximizing recovery under your cyber insurance policy for losses stemming from cyber events requires detailed processes and expertise. Is your organization prepared to navigate the cyber claims recovery process? Join us for an informative session where we will discuss ways to maximize recovery under your cyber policy with tips from both a claims and forensic accounting perspective.
Bermuda
December 1, 2022
There has been a lot of discussion about the domestic markets, whether it’s the softening D&O market, the stabilizing EPL market or the hard cyber market. But what about the Bermuda markets? Join us for an informative session where we will discuss the status of the Bermuda markets, the claims trends the markets are experiencing and some takeaways for your next renewal.
Cyber vs. Crime
June 8, 2021
This month's installment for the FINEX Flash, delved into cyber and crime losses. The webinar examined the differentiating factors between cyber and crime loss while touching on the standard exclusionary language used in cyber policies intended to exclude crime loss. Our speakers also shared their expertise on approaching SE cover under crime policies in comparison to cyber policies and how insurers are addressing potential overlaps in coverage.
Accellion cyber incident
March 25, 2021
Accellion FTA (File Transfer Appliance), a 20-year old product nearing end-of-life, was the target of a sophisticated cyberattack in December 2020. The Accellion cyber incident is thought to have impacted at least 300 customers, but the damage continues to be unveiled. While exploiting vulnerabilities in vendor software is not an uncommon pastime for bad actors, what’s concerning about this event is the nature of the breached data and the size of the ransoms demanded. This cyber incident was explored further, insurance considerations were discussed and actionable recommendations to mitigate cyber risks were provided.
Blockchain and Crypto: Where It’s Going and How Institutions are Getting Involved
August 12, 2021
This month's installment for the FINEX Flash focused on blockchain and crypto. The agenda included what actions institutions are taking to get involved within the Blockchain and Crypto landscape, overview/trends in the crypto industry and where it's going, a discussion on the associated risks in the blockchain/crypto space, and how they are mitigated and highlighted in the regulatory landscape.
Directors and officers (D&O)
IPO green shoots?
September 7, 2023
Our panel of experts discussed IPO green shoots, including if there were signs of a resurgence of public offering filings through the remainder of 2023 and into 2024, whether private equity can be a catalyst for IPO growth and how improved D&O insurance market conditions more broadly bear on terms and conditions for companies going public in the latter half of the year.
Hot topics in securities and derivative litigation for directors and officers
July 12, 2023
In this webinar, hosted with Shearman and Sterling, we discuss updates on the state of liability exposures for directors and officers in relation to cyber risks, ESG (and anti-ESG) risks, fallout from the U.S. Supreme Court’s decision in the Slack case and the current state of SPAC litigation.
But I Didn’t Do Anything Wrong! New Rules for Executive Compensation Clawback
May 11, 2023
At the end of 2022, the SEC announced a new regulation expanding executive compensation clawbacks dramatically. In our upcoming FINEX Flash webinar, we will discuss what the new SEC rules provide, what compensation is covered and what is the anticipated magnitude of clawbacks, what the source of funds are and who decides where that money comes from and what the SEC has said about indemnification arrangements and insurance.
Bermuda
December 1, 2022
There has been a lot of discussion about the domestic markets, whether it’s the softening D&O market, the stabilizing EPL market or the hard cyber market. But what about the Bermuda markets? Join us for an informative session where we will discuss the status of the Bermuda markets, the claims trends the markets are experiencing and some takeaways for your next renewal.
Post Dobbs guidance and management liability implications
September 8, 2022
After the Dobbs v. Jackson Women’s Health Organization decision, the U.S. Supreme Court case that overturned Roe v. Wade, employers may elect to review the provisions of their employer-sponsored health plans once they determine their approach to reproductive services. In this session, we discussed some questions that will help guide you as you review your employer-sponsored health plans, some of the potential claims that may arise and how your D&O, Fiduciary and Employment Practices Liability policies may respond.
Do changes in Delaware law solve the ‘Side A in a captive’ D&O problem?
March 31, 2022
This webinar discussed the recent changes in Delaware corporate law that conditionally authorize the use of captive insurance companies to insure certain non-indemnifiable (“Side A”) D&O exposures. Issues surrounding the ability to insure Side A in a captive and whether the changes to Delaware law adequately address those issues and complementary or alternative options to address Side A risk.
ESG and Event-Driven Litigation
December 15, 2021
This webinar focused on how ESG issues and related bad news events have increasingly been leading to huge exposure class action and derivative suits. The following questions were answered: 1) What type of events lead to the biggest claims?, 2) How do plaintiffs decide who to sue and what type of complaint to file?, 3) Are there ways to reduce the chances of bad news events, or at least to reduce the exposure when they happen?
What’s on the horizon for D&O litigation
May 12, 2021
April's installment for FINEX Flash explored the rising topics in D&O litigation. Topics included top legal issues in the defense of securities class actions (SCAs), where SPAC/de-SPAC securities suits are headed, and the status and trajectory of state-court 1933 Act cases. The pandemic has created a highly volatile and uncertain environment for businesses resulting in new or heightened risks for directors and officers.
Employment practices liability (EPL)
Wage and hour
March 14, 2024
Wage and hour litigation under the Fair Labor Standards Act (FLSA) and state law equivalents has increased significantly over the last decade, posing a major threat to U.S. companies. Our panel will discuss how the exposure is largely driven by outdated legislation that does not translate to the modern workforce, active government agencies, state laws that are often broader and have a higher standard than the FLSA, and an active plaintiff’s bar. This informative webinar will focus on the wage and hour laws, the coverage available in Bermuda and notable claims.
Pregnant Workers Fairness Act
January 11, 2024
As of June 27, 2023, employers with 15 or more employees are required to accommodate employees, for not only pregnancy, but many other related issues and conditions. While we still await the EEOC rulemaking that will guide enforcement of the statute, it is expected that employer responsibility to accommodate will range from menstruation related issues to childbirth.
Our speakers will discuss accommodation requests from eligible employees, including "undue hardship" absent requests, the employer liability resulting if employers do not pursue the interactive process required from the Act and how employers can be prepared for the expanded protections that go beyond pregnant employees.
Pay equity
March 16, 2023
Pay equity continues to be top of mind for many employers. With ever-changing laws as well as ESG, CSR, DEI and shareholder pressures, the implications touch not just risk mitigation but also talent and reward strategies. This informative discussion will cover trends in pay equity legislation, the risks associated with unintended pay gaps and some best practices and solutions.
Bermuda
December 1, 2022
There has been a lot of discussion about the domestic markets, whether it’s the softening D&O market, the stabilizing EPL market or the hard cyber market. But what about the Bermuda markets? Join us for an informative session where we will discuss the status of the Bermuda markets, the claims trends the markets are experiencing and some takeaways for your next renewal.
Post Dobbs guidance and management liability implications
September 8, 2022
After the Dobbs v. Jackson Women’s Health Organization decision, the U.S. Supreme Court case that overturned Roe v. Wade, employers may elect to review the provisions of their employer-sponsored health plans once they determine their approach to reproductive services. In this session, we discussed some questions that will help guide you as you review your employer-sponsored health plans, some of the potential claims that may arise and how your D&O, Fiduciary and Employment Practices Liability policies may respond.
California as a Hotbed for Employment Litigation – Why and How to Mitigate Risks
July 28, 2022
In this session, we discussed some of the unique statutes and laws that make CA such a difficult jurisdiction for employers and insurance carriers. We will review how insurance carriers address CA risks, and close with tips on how to mitigate the risk of CA employment claims.
EPL and Vaccines
September 16, 2021
September's installment of the FINEX Flash, focused on returning to the office, current vaccine mandates, and updated EEOC guidance and best practices. Employers, commercial establishments, schools, and governments are implementing vaccine mandates nationwide. Our speakers addressed recent case law challenging those mandates along with how to prepare for Employment Practices Liability Insurance renewal.
COVID-19 Vaccine
January 26, 2021
In the January installment of FINEX Flash, we discussed employment practice liability issues that may arise with the COVID-19 vaccine. As more vaccines become approved, we are getting closer to the time when distribution will be available for the general public. The U.S. Equal Employment Opportunity Commission (EEOC) has provided some guidance for employers who choose to make it mandatory for their employees to get vaccinated.
Fiduciary liability
Minimizing and Insuring Fiduciary liability Risks
October 28, 2021
Fiduciary litigation has been increasing in frequency and severity, and fiduciary liability insurance pricing and terms have followed. In this month's installment, our speakers discusssed the risks and the stakes, the insurance challenges, what resources are available to help mitigate the risks, and how to differentiate your risk in the eyes of nervous insurers.
What is driving fiduciary liability trends abruptly higher?
February 24, 2021
In the February installment of FINEX Flash, WTW discussed the drivers behind fiduciary liability exposure trends, key legal decisions and how these factors may color the risk environment were discussed. We also provided key updates on current defense and settlement cost trends to prepare for your renewal with critical information about how a leading fiduciary insurer and the market are responding to these trends.
Fidelity/crime
Do changes in Delaware law solve the ‘Side A in a captive’ D&O problem?
March 31, 2022
This webinar discussed the recent changes in Delaware corporate law that conditionally authorize the use of captive insurance companies to insure certain non-indemnifiable (“Side A”) D&O exposures. Issues surrounding the ability to insure Side A in a captive and whether the changes to Delaware law adequately address those issues and complementary or alternative options to address Side A risk.
Crime Claims – The Importance of a Well-Drafted Proof of Loss
February 17, 2022
This webinar focused on the ‘in’s and out’s’ of a fidelity claim process and provide risk managers with suggested best practices when preparing a proof of loss document.
Cyber vs. Crime
June 8. 2021
This month's installment for the FINEX Flash, delved into cyber and crime losses. The webinar examined the differentiating factors between cyber and crime loss while touching on the standard exclusionary language used in cyber policies intended to exclude crime loss. Our speakers also shared their expertise on approaching SE cover under crime policies in comparison to cyber policies and how insurers are addressing potential overlaps in coverage.
Financial institutions
Making change – Advancements in national digital currency
November 10, 2022
Fueled by the rise of new technology and sweeping digitization, an evolution in finance and payments is underway. Beyond the growth in new payment companies, such as Bitcoin, the phenomenon has also spurred national monetary authorities, including the U.S. Federal Reserve, to explore digital forms of sovereign currency known as CBDC (Central Bank Digital Currency).
Blockchain and Crypto: Where It’s Going and How Institutions are Getting Involved
August 12, 2021
This month's installment for the FINEX Flash focused on blockchain and crypto. The agenda included what actions institutions are taking to get involved within the Blockchain and Crypto landscape, overview/trends in the crypto industry and where it's going, a discussion on the associated risks in the blockchain/crypto space, and how they are mitigated and highlighted in the regulatory landscape.
Claims
Overview of the cyber claims recovery process
January 19, 2023
Maximizing recovery under your cyber insurance policy for losses stemming from cyber events requires detailed processes and expertise. Is your organization prepared to navigate the cyber claims recovery process? Join us for an informative session where we will discuss ways to maximize recovery under your cyber policy with tips from both a claims and forensic accounting perspective.
Weathering the storms - strategies for avoiding, insuring and defending SPAC-related claims
June 23, 2022
In this session, corporate attorneys, litigators and broker claims advocates discussed the many varieties of SPAC-related suits, with strategies for trying to avoid them in the first instance, and when necessary defend and obtain maximum insurance coverage for them.
Intellectual Property Risk - Do I Have Insurance For That?
May 18, 2022
In this session, what intellectual property (IP) risk is and how you can use insurance to help manage it was discussed.
Critical Action Items for R&W Insurance - How to Avoid Potential Pitfalls
May 3, 2022
In this session of the monthly WTW FINEX Flash webinar series, lessons from the trenches of R&W recovery efforts and specific action items for mitigating common pitfalls, how fine-tuning certain policy terms and conditions can minimize confusion and claims disputes, and specific claim situations were discussed.
