Safeguard Your Leadership Team and Assets with Our Comprehensive Foreign D&O Liability Insurance
What is foreign company D&O liability insurance?
Navigating Risk with Assurance
Protecting directors and officers against lawsuits, regulatory investigations, and other legal actions associated with managing a U.S.-listed foreign company, this coverage can also extend to defense costs, settlements, and judgments and is particularly relevant for multinational companies, subsidiaries of foreign corporations, and organizations with overseas operations or employees—which have experienced an unprecedented number of claims in recent years.
Governance Excellence, Risks Mitigated.
targets
Who stands to benefit from this insurance?
Directors and officers of foreign companies (U.S.-listed companies domiciled outside of America) may be held personally liable for actions and decisions while executing their duties and can thus benefit from foreign company D&O insurance.
Plans
What Does Our Service Cover?
Navigating the intricacies of director and officer liabilities can be daunting and intricate
01.
Indemnification or defense cost advancement issues can spark legal concerns, with companies often not allowed to indemnify local directors/officers in many countries and an acquittal required before they can provide indemnification or defense payments.
02.
A D&O policy targeting local tax collection can help avoid hassles associated with improperly filed taxes; when insurers cannot collect additional taxes levied on companies with insurance in another country, the company itself must file these—typically resulting in audits/penalties when filing is insufficient (or fails).
03.
In the absence of coverage, directors or officers must personally respond to an investigation or litigation and thus disrupt operations.
04.
Unique local policies facilitate compliance with jurisdiction-specific regulations, ensuring organizations can effectively navigate the diverse legal landscapes they operate in.
Mitigating Liabilities, Safeguarding Integrity
Mitigating Liabilities, Safeguarding Integrity
Ready to Get Covered
Understanding and Managing Risks in a Constantly Evolving World