Public Companies: Management Protection Liability Policy
ACE's Management Protection Liability Policy provides broad insurance coverage for risks facing Directors and Officers of public companies.
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 company.