For today’s Directors, Officers, or General Partners, the stakes have never been higher. From Sarbanes-Oxley to activist shareholders, key decision makers are being held to an increasingly high standard.
Thompson Flanagan Executive Liability was created to help companies navigate today’s complex management liability exposures.
What’s our difference? Focus. Directors & Officers Liability, Errors & Omissions, Employment Practices Liability, Fiduciary Liability and Crime products are all we do.
Since we specialize, our clients benefit from our intimate understanding of the contracts we deal in and the real time knowledge of the marketplace for these products.
Concentrating on the financial services industry, we not only understand the business objectives and insurance needs of this space, but also anticipate needs and bring creative solutions to coverage issues clients face.
In addition, we offer a unique consultative approach for our private equity and venture capital clients. Since many PE/VC firms do not take ownership of the insurance purchasing process, they have left themselves at the mercy of the insurance broker/carrier hired by the portfolio company.
We can monitor every portfolio D&O policy to ensure that each has had the adequacy of limits reviewed, is renewed, and is insured with a quality carrier.
Finally, since the quality and breadth of D&O policies can be lacking, director’s personal assets are potentially exposed. That’s one of the reasons we perform a 100-point review of the terms and conditions to make sure coverage is as broad as possible.