Scalable directors’ and officers’ liability coverage for growing businesses
Directors and supervisory board members operate in an increasingly complex environment. Victor Netherlands’ D&O portfolio solution is designed for companies with revenue of up to approximately €250 million and offers a solid core package with expansion options through layered towers (XS layers).
The solution can be bound up to €15 million, with special limits of up to €40 million for larger or more complex risks. This ensures that the coverage can grow alongside the organization.
Coverage
Side A coverage: protection for individual directors when the company is unable to indemnify them
Side B coverage: reimbursement of costs incurred by the company for the defense of directors
Side C coverage: protection against shareholder claims brought against the company
Option to include liability arising from outside positions, such as joint ventures
Reimbursement of legal costs, including defense in disciplinary or criminal proceedings, with attention to prior acts and run-off claims
Benefits
Quickly placeable solution with room for customization and European scaling
Layered tower structure suitable for larger and more complex risks
Practical placement services and close alignment with experienced market participants
Contact
Questions or want to request a quote? Contact our underwriters. They're happy to work with you to find an appropriate D&O solution.
