Public Directors, Officers and Corporate Securities Liability
RLI’s directors & officers liability coverage stands alone so your clients’ executives won’t.
Our D&O policies do more than protect your clients. They help them attract quality professionals to serve as directors and officers.
RLI D&O coverage provides what your clients need to protect personal assets and corporate assets.
Our D&O line includes:
- Broad punitive damage coverage
- Automatic outside not-for-profit board coverage
- Debtor in possession coverage
- Employee as co-defendant coverage
- Employed lawyers coverage
- Employee coverage for securities claims
- Entity coverage for securities claims with 100% allocation
- Pollution coverage for derivative actions
- Bilateral discovery and a three-year discovery quote guaranteed
Our target market includes:
- Non-financial institution companies
- Preferred risks with a market capitalization of $10 billion or less
- Select large market capitalization risks (over $10 billion)
RLI EPG products feature:
- Available in excess coverage (Pure follow-form coverage sits over all coverages.)
- Automatic merger and acquisition and automatic run-off coverages
- Broad punitive damage and spousal liability coverages
- Zero retention for investigative costs coverage for favorably resolved claims
- A three-year discovery quote guaranteed
- Investigations are included in the definition of claim
- “Pay on behalf of” language
- Claim notice “as soon as practicable”
- Non-cancellability (except for non-payment of premium)
- Worldwide coverage
RLI offers limits of up to $25 million on all our product lines. RLI is rated “A+” (Superior) by A.M. Best, “A+” by Standard & Poor’s, and has appeared in the Ward’s 50, a respected benchmark group of the insurance industry’s top performing companies, every year of the list’s existence.
