D&O on claims-made basis (claims made)

The D&O policy is only available on a claims-made basis and not on a losses-occurring basis. This means that:

  • All events giving rise to a claim must happen on or after the retroactive date and before the end of the period of insurance.
  • The Insured must first become aware of a possible claim during the period of insurance (and notify the Insurers as soon as practicable).
Directors and Officers Liability