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QUESTIONS RELATING TO D&O INSURANCE WHICH YOU SHOULD NOT BE AFRAID TO ASK ON BEHALF OF YOUR CLIENTS. FRANCIS KEAN, EXECUTIVE DIRECTOR WILLIS LIMITED 13th SEPTEMBER 2012. WILL YOUR CLIENTS HAVE ANY PROTECTION WHEN A CLAIM IS MADE?. Non disclosure Claims made Retirement/ resignation

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questions relating to d o insurance which you should not be afraid to ask on behalf of your clients

QUESTIONS RELATING TO D&O INSURANCE WHICH YOU SHOULD NOT BE AFRAID TO ASK ON BEHALF OF YOUR CLIENTS

FRANCIS KEAN, EXECUTIVE DIRECTOR

WILLIS LIMITED

13th SEPTEMBER 2012

will your clients have any protection when a claim is made
WILL YOUR CLIENTS HAVE ANY PROTECTION WHEN A CLAIM IS MADE?
  • Non disclosure
  • Claims made
  • Retirement/ resignation
  • The right limit?
what are your clients insured for
WHAT ARE YOUR CLIENTS INSURED FOR?
  • Wrongful Acts giving rise to a claim
  • Investigations
    • Formal or Official
    • Required attendance
    • Are any investigations excluded?
    • An alternative approach
    • Beware of the extras
some other tricky coverage issues
SOME OTHER TRICKY COVERAGE ISSUES
  • Conditions precedent
  • Claims conduct and control
  • Separate legal representation
  • Allocation disputes
  • Coverage for fines and penalties
  • Dispute resolution mechanism
  • Follow on/ satellite litigation
how do i recommend the best policy for my client
HOW DO I RECOMMEND THE BEST POLICY FOR MY CLIENT?
  • Who is my client?
  • What does he/she/it want?
  • Find a good broker
  • Consider DARCstarTM
any more questions
ANY MORE QUESTIONS?
  • Email:
  • keanf@willis.com
  • DARCstar:
  • https://welcome.willis.com/finexeventcalendar/Shared Documents/PDF Uploads/DARCSTAR Brochure.pdf
  • Willis Wire Blog:
  • http://blog.willis.com/author/franciskean/