Managing Defense Costs: The Marriage Between Insurers and Defense Counsel
- Topics:
- Insurance
- Tags:
- Business Operations,
- Corporate Insurance,
- Defense,
- Employers Reinsurance,
- Finance,
- Financial Planning,
- Insurance,
- Insurance Company
- Source:
- Employers Reinsurance
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Overview: Aggressively representing a client and providing a cost-efficient defense don't have to be mutually exclusive for an insurance defense lawyer. The relationship between defense counsel and insurers is unique. It stems from what has become known as the tripartite relationship between the insured, defense counsel and the insurer. The insured contracts with the insurer for insurance coverage. As part of the coverage, the insurer typically agrees to provide defense and legal representation. This article highlights the relationship between insurers & defense counsel.
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