Safe Deposit Box Liability Presentation - 2015 Update
Improve Your System:
Recently financial
institutions have experienced many disappearance claims and significant lawsuits
which resulted in very large nationwide losses and very expensive
litigations.
What did they do wrong? Most of these disappearance claims and lawsuits are a direct
result of insufficient employee training, incorrect box drilling and safekeeping
procedures, unauthorized vault access, improper box relocations, flooded
vaults, sloppy record retention and the news media coverage that inevitably
follows.
Regardless of the size of your safe
deposit operation, this presentation provides a realistic and well-organized
method of reviewing your procedures before a lawsuit occurs. Your presenter
knows firsthand what to look for, from the most common errors to the not so
common, but costly mistakes. This program will help you review specific and critical
internal procedures.
Covered Topics:
Highlights:
How can
you avoid these claims, lawsuits and media coverage? Review the following
questions. This seminar provides the answers and procedures to help reduce
future litigation.
q
After
a branch is closed for a month, how did renters lose of their box contents?
q
What
terrible things could happen if you’re leaving anyone in your vault alone?
q
Why
have numerous safe deposit disappearance claims occurred recently?
q
How
did granting a small favor create a $2,140,000 disappearance claim?
q
Who Should Attend?
This informative program is
designed to update safe deposit supervisors, vault attendants, cashiers, branch
managers, compliance officers, auditors, training directors, security officers,
new account personnel and your in-house legal counsel.