In this session, we will explore the current law enforcement liability environment from several angles. This will include a discussion of reinsurers' approach to underwriting/pricing, current trends, how municipalities are approaching claims handling, and the innovative collaboration that some police departments are taking in conjunction with data scientists to improve outcomes.
Learning Objectives:
Upon completion, participant will be able to recognize the increasing close collaboration that police departments and data scientists are undertaking to make better data-driven decisions, predict behavior, and reduce department risk.
Upon completion, participant will be able to identify the link between specific risk management measures implemented by police departments and more positive societal and insurance outcomes.
Upon completion, participant will be able to explain the current law enforcement liability environment, including capacity constraints, municipalities' approach to claims handling, increase in "nuclear" verdicts, and how reinsurers are currently pricing/underwriting for this exposure.
