Brokers should continually anticipate new litigation and legislative trends affecting their clients. Public Company D&O covers increased management liability risks domestically and may often be endorsed to provide cover for overseas subsidiaries. Coverage may be expanded by providing an international component coupled with enhanced coverage for: securities liability, employment practices liability, pollution liability and other management liability risks. In addition, subject to underwriting criteria a bankruptcy protection feature - unique to this coverage - helps protect individual insureds rights to the proceeds of the insurance policy if the parent company, or its subsidiary, liquidates or enters into bankruptcy.

Customer Profile:

• All public companies

Features may include:

• Severability of the application
• Broad retention waivers
• Coverage for fines assessed against any insured person pursuant to Section 2(g)(2)(C) of the Foreign Corrupt Practices Act.
• Non - cancelable by the insurer (except for non-payment of premium) See highlight sheet for complete listing