Products
Insurance
Property
Delegated Authority Property Direct & Facultative Property
Professional Lines
Directors & Officers Financial Institutions
Marine, Energy & Aviation
Aviation Cargo Energy Marine & Energy Liability
Specialty
Directors & Officers: Tabs (Cover, Territories) Cyber Credit & Political Risk Political Violence & Terrorism War
Reinsurance
Property
Property Treaty – International Property Treaty – US
Specialty
Specialty Reinsurance
Insurance
Property
Delegated Authority Property Direct & Facultative Property
Professional Lines
Directors & Officers Financial Institutions
Marine, Energy & Aviation
Aviation Cargo Energy Marine & Energy Liability
Specialty
Directors & Officers: Tabs (Cover, Territories) Cyber Credit & Political Risk Political Violence & Terrorism War
Reinsurance
Property
Property Treaty – International Property Treaty – US
Specialty
Specialty Reinsurance
Reinsurance
Property
Property Treaty – International Property Treaty – US
Specialty
Specialty Reinsurance
Product Location:
All London Bermuda

Directors & Officers: Tabs (Cover, Territories)

  • victor

Directors & Officers - Side ABC

Our cover provides defence costs and indemnity in the event of litigation or investigations against individual Directors & Officers and; Securities actions against Directors & Officers and the company

Damages, judgements 
and settlements

Legal fees and expenses

Regulatory investigations

Securities claims

Derivative suits

Security holder demand investigatory costs

Extradition proceedings

Territories

Core Territories North America Canada Australia New Zealand
Considered Territories South America South Africa Asia Middle East
Core Considered

Directors & Officers - Side A

Our cover provides defence costs and indemnity in the event of litigation or investigations against individual Directors & Officers and/or the entity, including coverage for:

If a company does not indemnify, this policy responds to provide Directors and Officers the cover they need. Unlike other D&O policies, Side A DIC policies have no coverage exclusions apart from conduct matters.

Excess cover if limits on the primary D&O cover have been exhausted. The Side A DIC policy responds by paying Side A shortfalls subject to any agreed terms, conditions and limitations in the primary policy or on a drop-down basis when an insurer of the primary D&O cover refuses to pay a claim or fails to pay within an agreed timeframe of a request to do so.

There are a number of examples where a reason for non payment could require Side A policy to respond including:

– An application of exclusion
– An insurer has become insolvent
– Unnecessarily incurred defence costs
– Late notification of a claim

Territories

Core Territories North America Canada Australia New Zealand
Considered Territories South America South Africa Asia Middle East
Core Considered
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