Directors and Officers - Side ABC
Line Size
$10MTerritories
![MAP DNO](/dist/img/cms/icons-and-graphics/MAP_DNO.png)
Target Customers
- Commercial companies
- Diverse industry segments
- Publicly traded companies
Cover
Cover provides defence costs and indemnity in the event of litigation or investigations against individual D&O's
and;
Security Actions against D&O's and the company.
Coverage includes:
- Damages, judgements and settlements
- Legal fees and expenses
- Regulatory investigations
- Securities Claims
- Derivative Suits
- Security Holder Demand Investigatory Costs
- Extradition Proceedings
Directors and Officers - Side A (including Difference in Conditions)
Line Size
$10mTerritories
Target Customers
- Commercial companies
- Diverse industry segments
- Publicly traded companies
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
- An application of exclusion
- An insurer has become insolvent
- Unnecessarily incurred defence costs
- Late notification of a claim
Meet your team
![GREEN GARY LILL](/dist/img/cms/news/_productThumbnail/GREEN_GARY_LILL.png)
![GREEN ELISABETH GROEHE NEW](/dist/img/cms/news/_productThumbnail/GREEN_ELISABETH_GROEHE_NEW.jpg)
![GREEN JASON BUTLER](/dist/img/cms/news/_productThumbnail/GREEN_JASON_BUTLER.jpg)
Jason Butler
Lead Underwriter, Professional Lines
+44 (0) 20 3824 5008
+44 (0) 7929 716 367
![YELLOW TONY KRIESEL](/dist/img/cms/news/_productThumbnail/YELLOW_TONY_KRIESEL.jpg)
Tony Kriesel
Head of Professional Lines and Specialty Claims
+44 (0) 7800 915 108