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- Protection for non-executive directors if policy is rescinded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