Mitigating the Impact of Social Inflation on Corporations, the Economy and Society 2023 | Marcus Evans | 8 November 2023 | Virtual Event
Venue
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| Event Date |
Thu Nov 9 UTC (about 1 year ago)
In your timezone (EST): Wed Nov 8 7:00pm - Wed Nov 8 7:00pm |
| Location | Virtual Event |
| Region | All |
Details
One of the most pressing issues facing businesses and their insurance providers is the escalating scale of jury awards in legal cases, a trend that shows no signs of slowing down. Social inflation has become a prominent concern for corporations, making them increasingly cautious about going to trial. Verdicts exceeding $10 million have become common, especially when plaintiff lawyers frequently set their initial demands at more than $100 million. A recent case even culminated in a staggering $16 billion judgment against the defendant. In this online interactive event, we will explore the causes and consequences of social inflation, discuss who wins and who loses, and share winning strategies for mitigating the impact of social inflation.
Why you should attend:
• Defining social inflation in a nutshell
• Exploring the causes and consequences of social inflation
• Understanding mitigation strategies to manage the risks posed by social inflation
Speakers
2023 Speakers
MODERATOR:
Raymond Bayley
President, Chief Executive Officer and Co-Founder, Novus Law
SPEAKER:
Kate Boyd
COO, Sente Advisors