Directors & Officers Liability for Large Commercial Companies

Overview

In today’s legal and regulatory environment, every public company must act to adequately protect its directors and officers. Arch Insurance offers a primary policy specifically designed to protect directors and officers from the increasing risk exposures associated with today’s business challenges such as the enacted Dodd-Frank Reform Act. This policy form, Arch Essential D&O®, includes many new and innovative coverage enhancements as detailed below.

Customer Profile

Public companies in all industry segments.

Distribution

Select retail and wholesale producers.

Capacity

Up to $25 million in limits on a primary and excess basis.

Corporate Contacts

Chris Christon

Senior Vice President, Head of Large Commercial Group

Direct: +1 646 563 6375

Mobile: +1 917 494 4591

[email protected]

Will Seifert

Senior Vice President, Large Commercial Group

+1 646 563 5633

[email protected]

Jordan Borio

Senior Vice President, Large Commercial Group

+1 312 601 4131

[email protected]

Proud to be recognized as a 2024 5-Star Professional Liability and D&O carrier by Insurance Business America.

This award recognizes carriers leading the way with award-winning underwriting expertise, speed in claims handling and strength of product solutions.

Our Brand Promise

Pursuing Better Together encapsulates how we do business at Arch Insurance. It is an approach that is based on collaboration, responsiveness and a genuine commitment to continually raising the bar.

It is our promise to our brokers, colleagues and other partners to:

  • Listen, share insights and work together to deliver informed solutions.
  • Build trusting, respectful and responsive relationships.
  • Understand your goals and explore possibilities together.

Key Product Features

Necessary legal and regulatory protections for today’s executives:

  • Inquiry Coverage for Insured Persons in responding to a subpoena, a request to produce a document or to appear for an interview.
  • Insured Person does not have to be a target to be covered.
  • Broad Investigation Coverage includes clarification that no Wrongful Act required to trigger coverage for Inquiries or Insured Person Investigations.
  • Limited Entity vs. Insured Exclusion (in lieu of Insured vs. Insured exclusion) that does not apply to:
    • Defense Costs that are Non-Indemnifiable.
    • Claims brought by trustees, examiners, or assignees thereof in the event of financial insolvency.
    • Claims brought in foreign jurisdictions.
  • Defense Cost Advancement within the Retention if Loss is indemnifiable and the Insured Organization fails or refuses to indemnify within 60 days.
  • Coverage for civil FCPA penalties against Insured Persons for any non-willful violation.
  • Coverage for fees and expenses incurred in facilitating a claw back payment under SOX 304/Dodd-Frank 954.

Broad Organization Liability Protections

Securities Investigation Co-Target Coverage protects the Insured Organization when a securities investigation is also maintained against an Insured Person.

Broad definition of Subsidiary includes all entities while under Management Control, including partnerships.

Claim reporting 180 days after expiration, provided the Insured renews coverage with Arch. 60 days otherwise.

Submission Guidelines

Completed D&O Application (which can be waived by the underwriters for renewals and prospective insureds with previous D&O coverage which is still in place) (refer to the Document Library).

Speak with a Regional Expert

Northeast Contact

Chip Siarnacki

Regional Vice President, Large Commercial Group

+1 212 271 8329

[email protected]

Central Contact

Howard Sider

Vice President, Large Commercial Group

+ 1 201 424 1464

[email protected]

Southeast Contact

Christian Hartman

Assistant Vice President, Large Commercial Group

+ 1 646 563 8250

[email protected]

West Contact

Mary Manion

Vice President, Large Commercial Group

+1 646 563 6376

[email protected]

Document Library