Allied World North America has added a new product to its ForceField suite of professional liability products. This new directors & officers (“D&O”) and corporate liability policy will be available for U.S.-based, publicly-traded companies and, Allied said, addresses a wide range of liability exposures currently facing corporations and their executives including coverage for:
- Pre-Claim Inquiry Costs
- Facilitation Costs
- Liberty Protection Costs
- Crisis Event Coverage
- E-Discovery Services
Tom Kennedy, Allied's senior vice president and public D&O product line manager, commented, “In the current regulatory environment, companies and executives face a host of new risks and challenges. Our comprehensive primary D&O product offers the highest level of personal protection. Our goal is to help our insureds both understand and mitigate their exposures at the onset of their relationship with us.”
Primary limits are available up to $25 million, the company noted.
Learn more: http://www.alliedworldinsurance.com.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].