Insurance Product Development
Furman Kornfeld & Brennan LLP assists clients in a range of product development areas. In addition to our drafting services, FKB writes articles for and speaks at industry conferences to help insurers, brokers, and insureds better understand various matters, including policy notification and interpretation issues, as well as providing risk-management advice.
FKB regularly meets with clients’ prospective business partners and provides formal and informal opinions on legal and non-legal matters relating to insurance product development, including modifications to existing products and ideas for new products.
We analyze and monitor claims, interpret coverage documents, provide policy wording advice, advise on potential exposures, and work with insureds and their carriers in developing strategic resolution plans to help demonstrate the absence of liability or minimize damages. For direct insurance clients, we provide risk evaluation and assessment of insureds.