Allied World Bermuda has launched Executive ForceField, a new directors and officers liability policy.
Executive ForceField provides broad Side A coverage for non-indemnified loss, and is available on either an excess or primary basis.
Policy highlights for Executive ForceField include: reinstated limit of liability, broad definition of “DIC Event,” broad definition of “Loss,” advancement of defense costs and pre-claim inquiry costs on a current basis, favorable notice of claim provision and worldwide coverage territory.
Limits of up to $25 million are available and this policy can be deployed at any attachment point above a traditional D&O program or on a primary basis.
Source: Allied World Assurance Company
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