Coverage Highlights

A-Side D&O

Basis of coverage

Follow form over the primary policy with the following exceptions:

• Punitive, exemplary or multiplied damages

Policy drops down when underlying:

• Denies coverage
• Rescinds or cancels coverage
• Is unable to pay due to a bankruptcy stay or injunction
• Is in bankruptcy, liquidation, rehabilitation, etc.

Non-indemnified loss – the policy will respond when named insured:

• Refuses or fails to indemnify
• Is financially unable to indemnify
• Is not permitted, required to indemnify, or advance to the insureds

Personal-conduct-only exclusions:

• Alternative venues for arbitration hearings

Coverage available

• D&O

Excess D&O

Basis of coverage: Excess

Coverage available: Excess D&O

Coverage Amounts

A-Side D&O

Minimum policy deductible: $0

Excess D&O

Minimum policy deductible: Argo Insurance is typically in the second half of the coverage tower.

Coverage Limits

A-Side D&O

Policy limits/capacity: $25 million

Excess D&O

Policy limits/capacity: $15 million

Appetite & Availability

A-Side D&O

Targeted classes: All industry groups

Excluded classes: None

Geographic availability:

• Asia
• Australasia
• Bermuda
• Canada
• Central and South America
• Continental Europe
• Middle East and North Africa
• United Kingdom
• United States

Excess D&O

Targeted classes: All industry groups except banks and pharmaceuticals

Excluded classes: Banks and pharmaceuticals

Geographic availability:

• Asia
• Australasia
• Bermuda
• Canada
• Central and South America
• Continental Europe
• Middle East and North Africa
• United Kingdom
• United States

Additional Information

A-Side D&O

Distribution: Bermuda and non-U.S. domiciled brokers

Additional information: Argo Insurance professional lines product detail sheet

Excess D&O

Distribution: Bermuda and non-U.S. domiciled brokers