When litigation starts, the most often heard phrase is "but I thought..." In reality, litigation is a bit like dancing.
Every dancing novice begins with the assumption that, if you put in the work, you can surely get your body and feet to match the rhythm. You suppose that, because you can move your body and arms separately, they will automatically know how to move in sync. Then reality sets in: it’s far more complicated than that. Amidst the fumbles, stumbles, trial, and error, you begin to appreciate your instructor's ability to navigate the complexities and nuance of dancing.
When that first lawsuit comes through the door, you feel confident that by simply having a contract and an insurance policy, you are fully protected. Your contract is being evaluated against your insurance policy and various parties are tearing into your contract language. Hundreds of questions are flying at you and suddenly there are pitfalls everywhere. And you find yourself thinking "but I thought I was protected..." There is complexity and nuance to ensuring that you are “fully protected”.
So, you think you can dance?
Stay tuned as we discuss some of the common "but I thought..." pitfalls!
#claims #riskmanagement #contracts #litigation #insurance
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