Valiant Insurance is offering Safeguard, a primary D&Oliability for public companies. The management liability policy isdesigned to specifically address the risks facing publicly-tradedcompanies with $1 billion or less in revenues.

|

Safeguard coverage highlights include:

|

o Broad definition of "claim" triggers coverage for an insuredperson investigated by the SEC, U.S. DOJ or similar regulatory orlaw enforcement authority when at risk of being named in a formalproceeding

|

o Definition of "loss" addresses actual or alleged violations ofSection 11 and 12 of the Securities Act of 1933

|

o Representations Clause includes full severability for InsuringAgreement A and B and, with respect to the Company for SecuritiesClaims, imputation of knowledge only from Executive Officers

|

For more information, visit www.valiantinsurance.com.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.