Allied World Bermuda has upgraded its Executive ForceField policy to provide enhanced coverage for the protection of directors and officers of public companies. This upgraded Side ‘A’ directors & officers excess and lead difference-in-conditions insurance policy provides broad ‘Side A’ coverage for non-indemnified loss and applies on both an excess and ‘difference-in-conditions’ basis. Coverage is available worldwide with limits of up to $25 million.
Ed Moresco, Senior Vice President, Professional Liability & International Product Line Manager at Allied World Bermuda, said the policy was in response to today’s challenging regulatory and legal environment remains feedback from its trading partners.
Allied World Assurance Co. Holdings, AG, through its subsidiaries and brand known as Allied World, is a global provider of property, casualty and specialty insurance and reinsurance products.