Public company D&O
Neal Wilkinson
Head of Management Liability
Corporate governance reforms in the United States in recent years have added significantly to the responsibilities of executive and non-executive directors of public companies. Directors understandably look for robust insurance coverage to protect them in the execution of these responsibilities.
Directors and officers are increasingly becoming involved in investigations and inquiries by regulatory authorities, which can prove extremely costly. Under the new Beazley policy forms, coverage for investigations and inquiries is provided as soon as the directors and officers are targeted by way of subpoenas and/or Wells Notices.
Highlights
- Non rescindable coverage options for all insuring agreements
- Broad investigation & inquiry coverage for D&Os
- Broad definition of loss includes FCPA, UK Bribery Act, Section 308 of SOX and other fines and penalties where insurable
- Exclusions apply only to "that portion of" any claim
- Entity vs insured exclusion in lieu of insured vs insured exclusion
- Automatic Side A reinstatement of limit- round the clock basis for any separate claim
- International capabilities provided by our Beazley Bridge product
Beazley also offers Entity+ regulatory investigations and inquiries and Side A D&O coverage for U.S. based multinational corporations through our product Beazley Bridge. Click here to learn more about Beazley Bridge.
Key territories
US domiciled companies
Non-US domiciled companies through our London office
Admitted/Non-admitted
Both available
Target market
US publicly traded companies, excluding financial institutions
Financial Institutions are only underwritten in London
Limits
Up to US $25,000,000, written primary or excess
Package or stand-alone
Stand-alone
Public company D&O team
Claims
Claims Team Leader - Management Liability
William Clarke
New York, NY, USA
+1 212 801 7189
william.clarkeUnderwriters
Underwriter - US Executive Risk
Jordan Benshoof
Los Angeles, CA, USA
+1 213 228 7733
jordan.benshoof
Underwriter - US Executive Risk
Ashley Dietz
Atlanta, GA, USA
+1 770 351 1732
ashley.dietz
Underwriter - US Executive Risk
Deirdre Finn
New York, NY, USA
+1 (212) 801 - 7129
deirdre.finn
Underwriter – US Executive Risk
Marc Galindo
Dallas, TX, USA
+1 972 419 8012
marc.galindo
Underwriter - US Executive Risk
Christina Herald
Atlanta, GA, USA
+1 770 351 1689
christina.herald
Underwriter - US Executive Risk
Jason Lowney
+1 (212) 801 - 7146
jason.lowney
Underwriter - Management Liability
Steven Marciniak
Chicago, IL, USA
+1 312 476 6217
Steven.Marciniak
Underwriter - Management Liability
Matt Niehaus
Chicago, IL, USA
+1 312 476 6210
Matt.Niehaus
Underwriter - US Executive Risk
Jonathon Palmquist
New York, NY, USA
+1 (212) 801 - 7153
jonathon.palmquist
Underwriter - Management Liability
Hugo Rivera
New York, NY, USA
+1 212 801 7143
hugo.rivera
Underwriter - US Executive Risk
James Rizzo
New York, NY, USA
+1 (212) 801 - 7144
james.rizzo
Focus Group Leader - US Management Liability
Jeremie Saada
New York, NY, USA
+1 212 801 7148
jeremie.saada
Underwriter - US Executive Risk
Amanda Schaefer
+1 972 419 8040
Amanda.Schaefer
Underwriter - US Executive Risk
Karina Windel
Chicago, IL, USA
+1 312 476 6260
karina.windelPublic company D&O forms
The descriptions contained on this website are for preliminary informational purposes only. In the US, the product may be available on an admitted basis in some but not all jurisdictions through Beazley Insurance Company, Inc. In other US jurisdictions, the product is underwritten by Beazley syndicates at Lloyd's and is available only on a surplus lines basis through licensed surplus lines brokers. The publication and delivery of the information contained herein is not intended as a solicitation for the purchase of insurance on any US risk.
Except where products are issued by Beazley Insurance Company, Inc., coverages are underwritten by Beazley syndicates at Lloyd's and will vary depending on individual country law requirements and may be unavailable in some countries. The exact coverage afforded by the products described herein is subject to and governed by the terms and conditions of each policy issued.
Some coverages are made available through Beazley USA Services, Inc., which is a service company that is a part of the Beazley Group and has authority to enter into contracts of insurance on behalf of the Lloyd's underwriting members of Lloyd's syndicates 623 and 2623 which are managed by Beazley Furlonge Limited. Beazley USA Services, Inc. is licensed and regulated by insurance regulatory authorities in the respective states of the US and transacts business in the State of California as Beazley Insurance Services (License#: 0G55497).