Product Fact Sheet

Directors and Officers Liability

Directors and Officers Liability gives directors and officers the piece of mind that their personal financial assets are protected in case of legal action against their decisions.  Alternatively, it can reimburse the corporation for what they compensate (indemnify) directors and officers because of legal action.  Securities actions against the company can also be covered under these policies.

This coverage is an important part of coverage for any corporation – whether it be publicly traded, privately owned or not-for-profit – and is often required to attract directors and officers.  Our experienced Professional Liability underwriting team can help find solutions for your clients.

Our target classes of business:
  • Accommodation, Food and Beverage

  • Amusement and Recreation

  • For-profit and Not-for-profit Healthcare Entities 

  • Life Sciences including:

    • Biotechnology

    • Medical Devices

    • Nutraceuticals and Supplements

    • Pharmaceutical

  • Manufacturing and Processing

  • Professional Services

  • Retail

  • Technology

  • Wholesale and Distribution

Available coverages:
  • Directors & Officers Liability 

  • Employment Practices Liability

  • Excess Directors & Officer Liability

  • Side A DIC

Coverage highlights:
  • $10,000,000 available limits

  • $10,000 minimum premium

  • Entity coverage for security claims

  • Expanded definition of Claim including arbitration proceeding, investigative proceeding and extradition coverage

  • Investigative costs for shareholders derivative actions (sub-limited)

  • Non-rescindable Side A

  • Wordings for Private, Public and Not-for-profit organisations

What sets SIGNAL Underwriting apart:
  • Broad appetite

  • Customer focused on broker partners and insureds

  • Over 19 years of professional lines broking and underwriting experience

  • Our Underwriters are here to help you with any of your industry-related questions so you can expertly guide your placement and client discussions

  • Secured Lloyd's of London Coverholder status within first year of operation

  • SIGNAL Underwriting Inc. only represents domestic and London security with a minimum rating of A- (AM Best rating) for this product

  • Claims handled by carriers experienced with Directors & Officers Liability