Looking For Alternatives: Aons D&O Hedge
One brokers plan to make the pricing ofdirectors and officers liability insurance programs fairer toclients it believes are good risks is Chicago-based Aons D&OHedge.
The concept of the hedge product is to review a corporationshistory and to get lower premiums for corporations that candemonstrate good risk history, said Steve Shappell, a director ofAon Financial Service Group in Denver.
“Dont lump us [corporate risks] all together,” said Mr.Shappell, articulating the main selling point of the plan. “Itrequires a little more underwriting, but we think this provision isbrilliant.”
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