D&O News

Beazley Simplifies D&O Purchases for U.S. Multinational Companies

Beazley Group plc has introduced Beazley Bridge, a product that will allow U.S. multinational companies to cover executives outside the country through a single contract. The single policy will protect directors and officers in all territories where Lloyd’s is licensed, …

Insential and American Safety Introduce Hospitality Program

Insential and American Safety Insurance have joined to offer a comprehensive management liability program for the hospitality industry. The product offers employment practices, directors and officers and fiduciary liability coverage as either a package policy or standalone. It is available …

MJ Insurance Launches Golf Program

MJ Insurance has created a product for the golf industry that includes both insurance coverage and risk management. The company’s “Golf Program” offers a variety of coverages, which is important for the range of risks that golf courses face. These …

Markel Enters Germany Through Joint Venture with Anglo Underwriting

Markel International has made a move to start writing business in Germany through a joint venture with Anglo Underwriting. With Markel’s support, Anglo’s primary focus will be to increase opportunities in specialty and private lines. As part of the focus …

Gorman Joins DUAL Ireland Team as Financial Lines Underwriter

Specialist underwriting agency DUAL Ireland has expanded its Dublin-based team with the appointment of Martha Gorman as Development Underwriter for financial lines. She joins DUAL from Marsh where she was a commercial broker focusing on financial lines. DUAL said the …

Regulatory Investigations Top Directors’ List of Concerns: Willis/Overy Survey

The liability risks facing company directors and officers are intensifying in the wake of the economic crisis. At the head of the list are “regulatory investigations and enquiries,” which pose the greatest perceived threat to companies and their directors. The …

Navigators Launches International Defense Costs Coverage

The Navigators Group Inc. has created an international defense costs policy for individual directors in the wake of developments in Australia and New Zealand. “In light of the recent Australian Institute of Company Directors (AICD) survey results and the recent …

DUAL Corporate Risks Adds More D&O Capacity from Aspen, Pembroke

London-based specialist underwriting agency DUAL Corporate Risks announced that it has entered into a strategic partnership with Aspen Managing Agency Limited (Syndicate 4711) and Pembroke Managing Agency Limited (Syndicate 4000) to provide additional capacity for directors’ & officers’ liability. DUAL …

Lockton Market Update Sees Signs of End to Executive Risks Soft Market

A new updated report from insurance broker Lockton concludes that the “prolonged buyer’s market in the executive risks insurance market may be ending.” Lockton’s William Boeck, in the U.S. executive risks report, noted: “As 2011 draws to a close, the …

Del Monte, Barclays to Pay $89.4M to Settle Investors’ Suit

Del Monte Corp. and Barclays Capital agreed Thursday to pay $89.4 million to settle a lawsuit that claimed they had not acted in investors’ best interests in the food company’s $4 billion takeover. Lawsuits stemming from the takeover have raised …