Mr. Parady serves as insurance coverage and monitoring counsel specializing in claims under Directors and Officers, Employment Practices, Fiduciary Liability and Professional Liability policies. He has extensive experience assessing the extent of coverage under professional liability policies for all forms of civil litigation against corporate directors and officers, including securities fraud litigation under federal and state laws, investigations by governmental agencies, shareholder derivative suits, and employment practices claims. In his role as monitoring counsel, Mr. Parady maintains contact with defense counsel and the insured regarding status and strategy and provides the carrier with his assessment of potential liability, exposure and damages under the policy. He also reviews and audits defense fees and costs, negotiates allocation agreements for defense fees and settlement contributions and frequently represents the carrier at settlement conferences and mediation. Prior to joining Peabody & Arnold, Mr. Parady practiced at Morrison, Mahoney & Miller, LLP, where he gained significant experience in all aspects of insurance defense litigation. Mr. Parady is a graduate of Phillips Andover Academy, Tufts University and Boston University School of Law. While at Boston University, he was elected to the position of Executive Editor for Management of the Annual Review of Banking Law.