What your General Counsel and CFO should know about Defense Costs (un)covered by insurance.

Who controls your legal defense - the insurer or you? Many companies assume their insurance will cover the cost of their preferred law firm, only to discover too late that their policy gives the insurer full control over counsel selection and reimbursement rates. This blog unpacks the Duty to Defend provision, its financial impact, and what companies can do to negotiate better terms before a claim arises. #insurtech #riskmanagement #generalcounsel #cfo #fintech #regulatoryclaims