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Customized protection for directors and officers of public or private companies, non-profit organizations and financial institutions against risks faced in executing their management responsibilities, such as:

  • Increased regulatory scrutiny
  • Public demands for individual accountability
  • More frequent shareholder litigation
  • Rising defense and settlement costs
  • Expanding bankruptcy exposure and more

Entity coverage also available.


Dedicated capacity available for non-indemnifiable loss (generally referred to as “Side-A” coverage) on a primary basis or on an excess basis complementing AIG’s presence on primary and excess entity-based programs.


Bermuda-based placements for all Financial Lines products are available on an excess coverage basis.

Coverage Modernization
40+ years of introducing updated and expanded coverage to address emerging exposures.

Claims and underwriting alignment leverages our expertise and vast knowledge base to provide coordinated solutions for insureds.

Multinational
Service delivery in a globally consistent and seamless fashion through one of the largest global networks in the industry, spanning 215+ countries and jurisdictions.

Claims Capabilities
“Once in a lifetime” situations handled by 200 in-house claims professionals seeing 25,000+ claims and paying $1.5B in claims annually.

Defense counsel from premier law firms with high performance standards based on specific needs.

A very active plaintiff’s bar, resulting in three years of record levels of federal securities class actions, and escalating stand-alone derivative risk have significantly increased D&O claims frequency and severity. Additionally, higher bankruptcy risk given macroeconomic uncertainty will lead to more D&O lawsuits.

As a result, our appetite for both primary and excess D&O exposure is most selective – as we focus on risk selection, limits management and adequate retentions and premiums.

Preference toward financially stable companies with a stable and experienced management team with proven track record and who value a long-term carrier partnership with sustainable capacity amid an escalating claim backdrop.

Industry sector is a dominant consideration for risk selection, with high tech, life sciences, retail, hospitality, energy and healthcare among the less preferred classes.

Class

Focus Areas

Non-Preferred Risks

Public Companies

<$1B in revenue: expanding excess placements at or above $20M attachment point.
 

>$1B in revenue: expanding excess placements at or above $50M attachment point.
 

Primary and additional excess coverage available with the proper pricing, retention and limits.
 

Expanding fiduciary, fidelity, cyber and kidnap and ransom lines of coverage in addition to D&O.

Initial public offerings (at current market pricing).

Private Companies

Excess coverage or package policies with D&O, employment practices, fiduciary, fidelity and kidnap and ransom on one policy form.
 

Primary and additional excess coverage available with the proper pricing, retention and limits.

Privately held startup companies valued > $1B.

Non-Profit Organizations

Preference for 501(c)3 based non-profits.
 

Excess coverage or package policies with D&O, employment practices, fiduciary, fidelity and kidnap and ransom on one policy form.

Primary and additional excess coverage available with the proper pricing, retention and limits.

Financial Institutions

Preference for real estate companies, insurance companies and insurance agents, private depository institutions and asset management D&O.

Cryptocurrency.
 

Lending.

Anthony Tatulli
North America Head of Financial Lines

Brady Head
Head of Management Liability

Mary McIvor
Head of Financial Lines Claims

Shelley Norman

Lead
Regional Executive for Financial Lines