25% of Directors & Officers claims are denied by insurance carriers with no recourse because terms of the insurance contract were not satisfied? My clients know I have their back – I work with them every step of the way, making sure claims are reported correctly. Have questions about your D&O policy or exposure? Call me.
Directors & Officers insurance is meant to protect personal assets of executives, yet policy limits are often exhausted before claims against the Ds & Os are settled –leaving
Ds & Os having to finance their own defense. Proper structuring of Executive Liability policies is critical for coverage to be there when you need it. Have questions about your D&O exposure? Call me.
Uninsured Directors & Officer claim costs can be 2-3 times more expensive than those for private companies who have D&O insurance. Average insured claim cost – $129K, average uninsured claim cost – $408K (Chubb 2010). Want to know where most private company D&O claims come from? Call me!