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Products (Primary or Excess)
- Directors & Officers
- Employment Practices
- Fiduciary Liability
Capacity
$10,000,000
on a primary or excess basis for
each product line
Market Segments
- Public Companies
Crum&Forster is a market for primary Directors & Officers
Insurance on a Micro to Small Cap Public Company. Excess is available
for any size, to include Fortune 500 risks. For standard accounts
our “Suite 16” enhancements may be available. For risks
with “issues” (non-standard) such as erratic earnings,
below average balance sheet, bankrupt, claims, or being non-renewed,
Crum&Forster is prepared to provide experienced underwriters
to design protection under the unique circumstance.
- Nonprofit Organizations
Hospital, nursing home,
social, adoption, or other healthcare service, philanthropic
organization, tribal authority, trade or home owner association,
Mutual Insurance Company, private school or college and many
more risks need Directors & Officers Liability. Our policy
form includes Employment Practices and Fiduciary coverage as
well, if needed. Our “Suite 16” enhancements for
standard risks are available and non-standard risks are welcomed
by our experienced underwriters.
- Private Companies
Our “Platinum Protection” can include Directors & Officers,
Employment Practices, and Fiduciary Liability in one policy. Designed
for companies of any size, standard risks may enjoy our “Suite
16” enhancements, which include a disappearing D&O retention.
Non-standard risks will have underwriting expertise to find a solution
to their “issues”.
- Employment Practices Liability
EPL is written in combination
with D&O or on a stand-alone basis.
Third party discrimination
for public and private companies is included in the form. Specializing
in hard-to-place risks such as hospitality of all types, auto dealerships,
healthcare accounts, law firms, risks with claim activity and/or
being non-renewed. We have the experience to find a solution for
virtually any account with an “issue”.
Target Classes
- Biotechnology
- Healthcare
- Hospitality
- Insurance:
- Risk retention group
- Risk purchase group
- Self insurance fund
- Trust or pool
- Captive
- Manufacturing
- Pharmaceutical
- Service
- Social service
- Technology
- Telecommunication
Situations
Claims frequency
Bankruptcy
Reverse merger
Unique history or organization
Risks needing an extended reporting
period
Non-renewal
Sample Risks
Directors & Officers
"Standard"
accounts: Numerous risks with
a solid balance sheet and few or
no claims history
"Non-standard" risks such as:
- A company that declared bankruptcy two months prior to inception date of policy
- A reorganized company emerging from bankruptcy
- A Workers' Compensation Self-Insured Fund for lumber companies
- A six year “tail” coverage for a company acquired by another firm
- A company with two previous class action claims
- A company with deficit surplus and negative net worth
Employment Practices Liability
- A multi-state manufacturing and distribution operation
- A major metropolitan real estate agency
- A resort, conference center and time share sales operation
- A software development, manufacture and distribution company
- A social service agency providing rehabilitative services
- A medical management organization and physician practice
- A regional car dealership with multiple locations
- Excess on software company with 5000 employees worldwide
- An east coast trucking and courier service
- An Excess of Impaired aggregate limit on a risk with substantial claims history
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