Chubb enhances D&O offering to reflect new exposures

Chubb has enhanced its directors & officers and entity securities liability as well as its fiduciary liability primary insurance offerings.

The insurer said the improvements are designed to help companies confronted with a range of management liability risks while helping provide solutions that address a myriad of exposures that could potentially impact a company's bottom line.

"In today's complex legal and regulatory environment, publicly traded companies are looking for broader D&O protection options," said Tony Galban, SVP, D&O product liability manager, Chubb North America Financial Lines.

"Our updated offering brings new levels of flexibility and customization with a comprehensive suite of policy endorsements that can be tailored to fit a company's unique needs on a global basis."

Alison Martin, SVP, fiduciary liability product manager, Chubb North America Financial Lines, said: "Fiduciaries of employee benefit plans are increasingly being held accountable for perceived issues in operating and administrating their plans. Our new, expansive and innovative Fiduciary offering helps protect companies of all sizes against an increasingly litigious business environment."