Directors and Officers Liability

Our product

We are a market leader in D&O liability underwriting, offering one of the most comprehensive D&O insurance products currently available. Our cover responds to the potential exposures of global organisations and their directors and officers.

Our coverage

Highlights of our cover include:

• primary or excess attachment points
• standard market wordings tailored to meet your needs
• the availability of coverage for acquired subsidiaries
• a broad definition of ‘wrongful act’
• a wide definition of ‘insured’
• worldwide coverage, includes cover for USA subsidiaries and USA stockmarket listings
• strong advancement of ‘defence costs’ language
• investigation and enquiry costs
• pollution defence costs
• entity coverage for securities offerings

Our target markets

Our aim is that our customer understands the rationale behind the pricing and the key elements we look at to make our assessment. We are looking for those companies which can demonstrate ‘best practice’ across all elements of their business practices, procedures and governance.

The risk analyses we carry out use a wide range of data, both internally for the customer as well as externally. Some key areas we’ll look at are records of the Board of Directors’ performance, the mix between non-executive and executive board directors and other commitments they have, analysis of the balance sheet, reviews of all corporate governance procedures, audit process and Code of Ethics.

We believe the approach and culture of senior management in a business is a significant influence on the more tangible aspects of risk management.