1-Hour Program

See Credit Details Below


Although it is hard to forecast when the COVID-19 crisis will finally come to an end, one thing is certain:  Even before that time, a lot of companies will see their balance sheets severely weakened by the prolonged closures, stay-at-home orders and downturn to the economy.  An impaired balance sheet can adversely affect a company’s toolbox for addressing the underlying problems in numerous ways, from making it harder to attract capital investments or secure loans to decreasing a company’s value on a sale of the business. 

An often overlooked and effective strategy for improving a company’s balance sheet is using specialized insurance products to replace all or a portion of the company’s balance sheet reserves with insurance.  In addition to removing or reducing the reserves, insurance has the added benefit of being a tax-deductible expense.

Experts will discuss:

  • The uses of various insurance products to effectively eliminate or minimize balance sheet reserves, including
    • Credit insurance
    • Tax insurance
    • Litigation insurance and
    • Specific Contingency insurance
  • How using Intellectual Property insurance can help companies maximize borrowing basis for certain IP-backed loans
  • The uses of Tax Insurance to limit exposure for tax credit backed securities
  • The process for obtaining coverage, including underwriting considerations, costs, and timelines for binding coverage


Program Level: Update

Intended Audience: Outside attorneys, in-house counsel, financial advisors, accounting professionals and other allied professionals

Prerequisites:  None

Advanced Preparation: None



Jackson Bender, National Practice Leader for Private Equity, Family Office and M&A at Beecher Carlson Insurance Services, LLC

James Bulkowski, Senior Manager, Tax Services at Ernst & Young LLP

Matthew Edgette, Vice President, Tax Insurance Underwriting at Concord Specialty Risk

Joseph Ehrlich, National Practice Leader for Private Equity, Family Office and M&A at Beecher Carlson Insurance Services, LLC

Timothy D. Kennedy, President - North America, Group Chief Underwriting Officer at Ambridge Partners LLC

Credit Details

You May Also Like