Global insurer Chubb has announced enhancements to its Directors & Officers and entity securities liability as well as its fiduciary liability primary insurance offerings.
Improvements are aimed at helping companies dealing with a range of management liability risks.
Chubb says the move reinforces its commitment to providing solutions that address multiple exposures, all of which could potentially impact a businesses bottom line.
“In today’s complex legal and regulatory environment, publicly traded companies are looking for broader D&O protection options,” said Tony Galban, Senior Vice President, D&O Product Liability Manager, Chubb North America Financial Lines.
“Our updated offering brings new levels of flexibility and customization with a comprehensive suite of policy endorsements that can be tailored to fit a company’s unique needs on a global basis.”
Alison Martin, Senior Vice President, Fiduciary Liability Product Manager, Chubb North America Financial Lines, added, “Fiduciaries of employee benefit plans are increasingly being held accountable for perceived issues in operating and administrating their plans.
“Our new, expansive and innovative Fiduciary offering helps protect companies of all sizes against an increasingly litigious business environment.”
