In most situations it is the company which contracts for, procures, and facilitates the provision of D&O insurance for its directors and officers, but in the case of a corporate insolvency the company cannot fulfil this function. SAIFElimits addresses a number of significant consequences of this change, optimising coverage and liability protection and preserving limits for directors and officers at this critical time, said Francis Kean, financial lines partner at McGill and Partners.
Read the full article at: https://www.insurancebusinessmag.com/us/news/professional-liability/mcgill-and-partners-unveils-new-corporate-insolvency-solution-465798.aspx