Speakers: Elle Gerhards, National Co-Chair of Franchising and Distribution Group, Fox Rothschild; Doug Imholte, SVP, Franchise Programs, Marsh & McLennan Companies
Paper Presentation
In an increasingly complex risk environment, having the right insurance coverage is essential for franchisors. This session will explore the key types of insurance franchisors should consider, highlighting critical policy language, coverage gaps, and common exclusions. We will also examine alternatives to traditional insurance in a hardening market, strategies for navigating claims to maximize coverage, and essential provisions to include in franchise agreements and operations manuals. Additionally, this session will cover best practices for auditing franchisee compliance and ensuring risk is effectively managed across the system. Attendees will gain actionable insights to strengthen their insurance strategies and safeguard their brand.