Multinational Companies and the need for Local D&O policies

Directors and Officers face significant challenges due to the ongoing impact of globalisation, technological advances and regulatory changes, particularly when the business has subsidiary companies in multiple jurisdictions. Whilst a D&O Liability Insurance policy may state on it that it provides ‘worldwide territorial limits and worldwide claims jurisdiction`, this is always subject to the insurer […]

False Claim Act case has implications for Businesses based in the US

A recent court ruling should be considered by our clients based in or with subsidiaries in USA. Following a decision of the Delaware Supreme Court, there are significant implications for Directors and Officers (D&O). This landmark case carries substantial precedential significance for policyholders facing False Claims Act (FCA) investigations. As a result of the ruling, […]

Professional advice key to ensuring quality D&O insurance coverage

The D&O insurance market offers a wide range of policy wordings. With some insurers limiting the cover offered and other insurers being generous with wider coverage. It is important for insurance buyers to work with a specialist broker in order to procure the best possible terms. Sometimes a D&O underwriter will apply an endorsement to […]

Court delivers important ruling on D&O liability insurance

An American court has ruled that Directors and Officers (D&O) liability insurance can protect against claims arising from the manufacture, distribution and sale of opioids. In The North Carolina Mutual Whole Company v. Federal Insurance Company, the North Carolina federal court determined a drug wholesaler’s D&O policy provides coverage for more than one hundred underlying […]