Target Customers
Our cover is designed to offer individuals the personal protection they require, and companies the safeguarding of their balance sheet when indemnifying their directors and officers.
Cover
Cover provides defence costs and indemnity in the event of litigation or investigations against individual D&Os and; Securities Actions against D&Os and the company.
Coverage includes:
Territories
Target Customers
Our cover is designed to offer individuals the personal protection they require, and companies the safeguarding of their balance sheet when indemnifying their directors and officers.
Cover
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 time frame of a request to do so.
There are a number of examples where a reason for not payment could require Side-A policy to respond including:
Territories
Attachment
Target Customers
Cover
Our cover is designed to offer individuals the personal protection they require, and companies the safeguarding of their balance sheet when indemnifying their directors and officers.
Territories