Directors & Officers (D&O) liability insurance protects the directors and officers, as well as senior managers against claims arising from their actions and decisions in their official capacities. This includes damages awarded in civil courts and the potentially substantial defence costs if a director or officer faces criminal or regulatory charges.
In light of the signifcant increases of liabilities for Directors and Officers, and constantly shifting legal and regulatory environments, our aim is to provide a focused product that helps to create greater certainty.
We offer one of the most comprehensive D&O insurance products currently available. Our cover responds to both domestic as well as to global organizations.
Highlights of our cover include:
- Primary attachment point
- Comprehensive wordings tailored to meet your needs
- Broad definition of "Claim"
- Wide definition of "Insured"
- Worldwide coverage
- Strong advancement of "defence costs" language
- Investigation and enquiry cots
- Entity coverage for securities offerings
- Severability of the Proposal Form
- Non-rescindable/avoidable language for Insured Persons non-indemnifiable loss
To read our Financial Lines Risk Insight, click here » Risk Insight
Global CUO Management Liability and Financial Institutions
Paul Schiavone
Zurich London
3 Minster Court, Mincing Lane
London EC3R 7DD, England
Phone: +44 20 7648 3258
Fax:+44 20 7617 4299
Email: paul.schiavone@zurich.com
