In today’s increasingly complex marketplace, management teams are more vulnerable than ever to lawsuits and claims. We offer a wide array of Management Liability products because we understand that company and personal assets need to be protected from potentially devastating losses.
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Allied World is committed to meeting the unique needs of publicly traded companies and their management teams. We understand the spectrum of pressures that directors and officers face – in Canada and on the international stage – and can craft comprehensive coverage that protects corporate and personal assets. No matter the layer of attachment, we can offer the optimal mix of service and protection.
Specifically formulated to meet the unique needs of publicly traded companies and their management teams, we offer broad coverage and up to $15M in limits for your clients. Our appetite spans from small reverse mergers to large publicly traded corporations with up to $10 billion in market capitalization.
Side ‘A’ Directors & Officers Excess and Lead Difference-in-Conditions Insurance
Our ‘last line of defense’ coverage has been updated to address the growing trend of companies investigating and reporting conduct irregularities to regulators. In response to a heightened regulatory environment, definitions have been broadened, exclusions have been limited, and new coverages have been incorporated to address emerging risks like internal inquiries and regulatory/criminal investigations.
Not only does Executive ForceField® help to fill gaps and inconsistencies in coverage where the primary carrier fails to provide indemnification, it also affords the client (by way of a single claim limit) greater recovery under the original and reinstated limits when there are numerous unrelated claims.
Our information sheet in the Resources section of this page provides further details on the new and improved enhancements to Executive ForceField®.
Allied World provides an additional layer of coverage protection through our true follow form (including definitions and defense costs) Excess policy. Our expert underwriters work diligently to make sure that there are no gaps or costly overlaps.
Executive ForceField® and Excess D&O products are also available for private companies and not-for-profit organizations. Quotes available in both Canadian and US dollars.
When considering the many factors that can adversely impact a company or organization, finding a solution that neutralizes associated risk is critical to ensuring continued growth and success. Allied World’s ForceField is that solution. ForceField empowers clients to combine coverages and critical risk management services according to their unique management liability equation, all with the convenience of a single application and a single underwriter. With ForceField, each coverage option offers the optimal mix of service and protection.
Directors & Officers Liability: Comprehensive management liability protection that contemplates the many exposures business owners and not-for-profit organizations face. Includes Strategic Reponse®, 24/7 access to public relations resources for advice and guidance in the event of a crisis.
Employment Practices Liability: Coverage no employer should be without. Offers protection against claims made by current, former or prospective employees.
Fiduciary Liability: Comprehensive protection for a breach of fiduciary duty in connection with an employee benefit plan. Includes broad definitions of both Plan and Insureds.
Crime Coverage: Considers reimbursement for losses due to theft, forgery or fraud, including computer and credit card fraud. Insureds select their level of protection depending on the coverage elements that are applicable to their needs.
True follow form coverage with respect to terms and conditions (including definitions and defense costs). Worldwide coverage up to $10 million.
Side ‘A’ Directors & Officers Excess and Lead Difference-in-Conditions Insurance Help reduce gaps and inconsistencies with Allied World’s Side ‘A’ Directors & Officers (D&O) Excess and Lead Difference-In-Conditions insurance policy. Our follow form coverage helps to fill voids by building off of the extensively negotiated primary coverage.
Quotes available in both Canadian and US dollars.