The PRMA Insurance Thought Leaders Insight Series with Spencer Houldin, alongside leading thought leaders in the industry, aims to examine the insurance terrain, identify solutions to navigating the bumpy roads, and provide a roadmap that guides risk management professionals in the right direction.

 In this episode with Brian Farrell of Farrell Law & Consulting, Spencer and Brian discuss the crucial topic for independent agents serving high-net-worth clients – the intricacies of excess liability in the world of insurance. Brian, who has a 30-year career as a trial lawyer, managing attorney, and insurance professional, dives into the question of how much coverage is sufficient for individuals and the significance of having the right carrier and contract during a lawsuit. Additionally, Brian sheds light on the effectiveness of trusts or LLCs and whether they are truly foolproof during lawsuits.   

Brianhas a 30-year career, including as a trial lawyer, managing attorney, and insurance professional. Brian holds an LLM in Insurance Law from the University of Connecticut School of Law and has extensive expertise in general liability, personal lines, excess, employment practices liability, D&O, and E&O cases.