Directors & Officers Insurance

Directors & Officers Liability Insurance provides financial protection for directors and officers of a company against claims arising from allegations of wrongful acts whilst acting in their capacity as a director or officer.

 

Features & Benefits

  • Advancement of defense costs
  • Broad definition of wrongful act
  • Final adjudication language
  • Outside directorship coverage
  • Worldwide territorial and jurisdictional coverage
  • Continuous cover
  • Severability of exclusions
  • Severability of proposal form
  • Protection for non-executive directors if policy is rescinded
  • Non-cancelable by ACE except for non-payment of premium


Market Specialization

  • Food and beverage
  • Telecommunications
  • Utilities - Government owned/privatized
  • Engineering
  • Retail
  • Transportation
  • Electronics
  • USA exposures
  • Manufacturing
  • Chemicals
  • Construction
  • Property developers
  • Public-listed companies