Execuguard package policy enables customized employment practices, private organization directors & officers, and fiduciary liability coverages.
Our Execuguard executive risk package policy enables insureds to customize coverage. The combination of the innovative coverage features with BeazleySure's comprehensive risk management make this policy a true market leader.
Policy can be customized to provide separate or shared limits among one, two or all three coveragers:
Up to US $20,000,000
Both admitted and non-admitted available.
State of the art, customized coverages:
Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.
Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.
Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.
Beazley’s insured, a California based billion dollar market cap company, restated its financial statements with the Securities Exchange Commission due to errors related to a transaction with one of its suppliers. As a result, the insured’s stock price fell by approximately 25%. A securities class action and a shareholder derivative action ensued against the insured entity and its directors and officers. Plaintiffs asserted breach of fiduciary duties and gross mismanagement amongst other serious allegations. Our claims team worked closely with the insured’s defence counsel and supported them through motion drafting and oral argument. Our previous experience with a California securities class action/derivative action for a different insured in the same court, and with the same judge, was instrumental in securing a dismissal for the insured, thereby avoiding a multi-million dollar settlement.
Climate change-related litigation is on the rise, and the organisations named in court filings are from an increasingly wide range of industry sectors.
The ambition and energy in the Property team and the company as a whole, to innovate and grow, without losing sight of what is important to the business and our clients, is both refreshing and motivating. I am excited at the prospect of helping to move the team to the next stage in its evolution, building upon its strong foundations and expanding our offering to our broking community and their clients.
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