DIRECTORS & OFFICERS LIABILITY INSURANCE CLAIMS FORMS

The following are examples of different claims that have been made and paid under a D & O policy:

Associated Companies

A director of a marine services company was required by his employer to also sit on the Board of Directors of another company, to whom corporate services were provided. Another director was also asked to sit on the Board of the local Port Authority.

Rather than rely upon any other D&O policy, both directors agreed an “associated directorship” extension whereby their additional directorships were also insured under their own ITIC D&O insurance policy