Not As Easy As A-B-C
With their personal assets on the line, A-Side policies offer broad protection for directors and officers, but not everyone understands how the policies work, or exactly what situations they respond to, according to a coverage attorney.
"So many people talk about it, but too few people really understand the exposure that creates the need for coverage," said Dan Bailey, a member of the Columbus, Ohio-based law firm Bailey Cavalieri. Mr. Bailey was speaking in New York to an audience of insurers and brokers at the D&O Symposium of the Minneapolis-based Professional Liability Underwriting Society earlier this year.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
