Executive & financial risks insurance

RISK MANAGEMENT

Executive & financial risks insurance

Understand your exposures, reduce your risks, and stay covered.

Know your exposures

Changing litigation and regulatory landscapes bring new requirements for corporate risk management. Lockton is on top of it. Our team of specialists helps you understand your exposures, reduce your risks and keep you covered.

Our business risk experts identify the issues that may affect your company’s financial performance, brand and culture. Then we come up with solutions. As your partner, we:

  • Educate your executive and risk management team on exposures and risk-transfer and -mitigation solutions.

  • Differentiate your company with the underwriting community in order to obtain optimal risk transfer options.

  • Provide ongoing communication of legal and regulatory changes that may affect your company.

Directors and officers liability

Companies and their directors and officers face increasingly strict regulations and a hostile litigation environment. A decision that adversely affects shareholders, employees, customers or creditors, or that runs afoul of a regulatory issue, can lead to a lawsuit or regulatory investigation that may leave individuals personally liable. A directors and officers (D&O) liability insurance policy offers individuals and the company protection from negligent wrongful acts.

D&O insurance is intended to provide cover for directors, officers and other insureds—including the company itself in certain circumstances—for liability that arises out of their leadership roles.

While D&O coverage is subject to some exclusions and other coverage terms, the policy typically pays for defense costs, settlements and judgments, usually in excess of a deductible for those claims.