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WHAT ARE YOUR CLIENTS INSURED FOR? Wrongful Acts giving rise to a claim Investigations Formal or Official Required attendance Are any investigations excluded? An alternative approach Beware of the extras
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QUESTIONS RELATING TO D&O INSURANCE WHICH YOU SHOULD NOT BE AFRAID TO ASK ON BEHALF OF YOUR CLIENTSFRANCIS KEAN, EXECUTIVE DIRECTORWILLIS LIMITED13th SEPTEMBER 2012
WILL YOUR CLIENTS HAVE ANY PROTECTION WHEN A CLAIM IS MADE? Non disclosure
Claims made
Retirement/ resignation
The right limit?
WHAT ARE YOUR CLIENTS INSURED FOR?
Wrongful Acts giving rise to a claim
Investigations Formal or Official Required attendance Are any investigations excluded? An alternative approach Beware of the extras
DOES YOUR CLIENTS’ D&O POLICY WALK THE WALC?
Wrongful Act
Loss
Claim
SOME OTHER TRICKY COVERAGE ISSUES
Conditions precedent
Claims conduct and control
Separate legal representation
Allocation disputes
Coverage for fines and penalties
Dispute resolution mechanism
Follow on/ satellite litigation
HOW DO I RECOMMEND THE BEST POLICY FOR MY CLIENT?
Who is my client?
What does he/she/it want?
Find a good broker
Consider DARCstarTM
ANY MORE QUESTIONS?
Email:[email protected]
DARCstar:https://welcome.willis.com/finexeventcalendar/Shared Documents/PDF Uploads/DARCSTAR Brochure.pdf
Willis Wire Blog:http://blog.willis.com/author/franciskean/
