The unique nature of franchised businesses includes an equally complex mix of exposures and insurance coverage needs. Franchise systems face a broad and growing scope of risks related to issues such as joint-employer and vicarious liability claims, as well as cyber liability from systems breaches and privacy claims. Now more than ever, strategic risk and insurance planning is a necessary component of a successful franchise system’s operations.
SDV leverages its experience litigating complex insurance coverage claims and longstanding partnerships with regional and national insurance brokers to provide solutions-based legal advice of the highest quality to franchisors and franchisees alike. SDV provides counsel to some of the largest and most recognizable franchise systems on all aspects of insurance coverage and risk management, including;
- Comprehensive analysis of systemwide operational risks
- Develop tailored insurance and risk management solutions
- Drafting and revising insurance and indemnity requirements included in FDD and Franchise Agreements;
- Policy placements and renewals;
Insurance claims assessment and management.
For more information, please email us at email@example.com.