Private Company D&O
Priya Vansh
Underwriter
Privately held companies of all sizes can be the target of litigation for claims ranging from employment allegations to fraud and misrepresentation.
Our private company liability policy has been carefully designed to meet these risks, safeguarding companies' assets and their owners, directors, officers and employees.
Our PlatinumPlus product provides these additional enhancements specifically for private companies:
- Option to purchase Entity EPL and Fiduciary Liability
- Non-entity EPL and Fiduciary automatically included
- All risk coverage for the entity (not limited to just securities claims)
- Available additional defence limit of liability
- Employees included as insured persons
- Foreign parent company coverage
- Retention does not apply to defence costs on Canadian Coverage B Claims
- $500,000 sub-limit for investigative costs
- 100% predetermined defence costs allocation
- Softened hammer clause with 30% co-insurance
- Duty to Defend language with consent to settle provision (option for No Duty to Defend available)