|
|
Article: Products & Services: Valiant offers D&O policy for public companies.(Briefs)(Valiant Insurance Group)
- Article from:
- Business Insurance
- Article date:
- March 16, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
NEW YORK-Valiant Insurance Group Inc., a wholly owned subsidiary of Ariel Holdings Ltd., has introduced a primary directors and officers policy for public companies with $1 billion or less in revenues.
The Safeguard management liability policy provides coverage for individuals and the entity and has several features built into the form to respond to increasing risks, the company said.
The policy offers a broad definition of claims that trigger coverage for an insured person who is at risk of being named in a lawsuit.
The representations clause includes full severability for insureds for the dishonesty exclusion and personal profit exclusion.
...