Will your company’s insurance provide coverage when you need it? In-house counsel need to work with their internal and external insurance advisors to ensure that their company has the appropriate coverage and limits in place and that the various policies involved will work together when they are needed:
If a company’s insurance coverage is not structured correctly, the level of coverage may prove to be irrelevant when addressing a live claim.
[Read: Litigation: Will your insurance be there when you need it? at InsideCounsel]