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Loss Prevention Resources
Direct access to valuable resources that help companies improve safety and prevent or mitigate losses.
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FFP D&O Liability-Private Companies
Helps protect private companies and their leaders from lawsuits arising from management’s decisions.
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EPP D&O Liability-Public Companies
A public company needs to protect its employees who serve on outside boards from liability lawsuits.
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ForeFront Portfolio for Community Banks
A menu of six integrated coverage sections designed to cover a bank’s most diverse liability exposures.
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EPP ODL-Public Companies
A public company needs to protect its employees who serve on outside boards from liability lawsuits.
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D&O Elite - Clause 1 D&O Liability Chubb Specialty Insurance
With today's focus on corporate governance, directors and officers are being closely scrutinized as never before by the government,
shareholders, and the public.
In fact, directors' and officers' personal liability only continues to increase. Fortunately, the good news is that most claims
that are covered under a standard directors and officers (D&O) liability insurance policy are indemnified by the company.
But that news can turn bad if the company can not or is unwilling to provide indemnification to its leadership team.
Sometimes the company is unable to indemnify a claim -- the company could be insolvent, or the law might prevent the company
from indemnifying its directors and officers for the claim. The company (that is, the corporate entity) might be sued, as
well, with the limit on its D&O policy being consumed under the policy's corporate entity coverage, leaving nothing for the
directors and officers. Sometimes the company simply fails or refuses to indemnify, even if it is financially solvent.
To better protect directors and officers, Chubb created D&O EliteSM to ensure that the directors and officers have D&O liability insurance coverage with their own dedicated limit of liability. So, even if the company does not indemnify its leadership team, for whatever reason, those individuals are still protected.
D&O Elite is backed by Chubb's outstanding claim service, loss prevention resources, and financial stability.
Please contact your agent or broker, or email csi-info@chubb.com with questions.
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