Financial Institutions: Management Protection Liability Policy

ACE's Management Protection Liability Policy provides broad insurance coverage for risks facing Directors and Officers of public, private and not-for-profit institutions.

Benefits:

• Industry leading claims handling expertise, including no panel counsel requirement
• Ability to coordinate placement of a locally admitted policy in many foreign jurisdictions where required
• Broad definition of insured person
• Broad definition of claim and securities claim
• Broad application severability for insured persons

Coverage:

• Formal investigation coverage for insured persons
• Loss includes punitive and exemplary damages and the multiplied portion of any multiple damage award where insurable

Limits:

• Up to $25 million

Typical Client Profile:

• Our typical clients include any type of public, private or not-for-profit institution.