We offer Directors' and Officers' Liability insurance providing cover for personal liability arising out of a wrongful act (Side A) and/or the entity for reimbursement of those Directors and Officers (Side B) and/or the entity for liability arising out of securities related lawsuits (Side C). We write policies on a worldwide jurisdiction basis to clients domiciled around the world.
We underwrite commercial organisations in diverse industry segments and specialise in tailoring products to suit individual clients’ needs, including various extensions and enhancements of cover.
Our product suite also includes a non-indemnification wording, which covers a situation where directors are not or cannot be reimbursed or indemnified by the company. This A side DIC wording also has differences in condition features and acts as an excess policy with the ability to drop down to a primary level in certain circumstances.
Our product offering includes Pension Trustee Liability insurance, which covers trustees of pension funds from claims brought by beneficiaries and other third parties arising from mismanagement of funds.
We underwrite portfolio books of SME business under various scheme arrangements and can also include extensions of cover for Employment Practices Liability and Employee Infidelity.
Our maximum available capacity is US $15m, £10m or €15m.