Publisher's Synopsis
In our increasingly litigious society, no company can afford to be without directors' and officers' liability insurance. To the author, whose involvement with this form of liability insurance dates from its earliest introduction, the rapid growth in demand comes as no surprise. The current rule seems to be: If you can't sue the person you thought responsible, keep on filing suits until you hit a target.
Directors' and Officers' Liability Insurance scrutinizes new legal developments and case law, new insurers and challenges in ownership, and new types of policy and marketing methods. Each chapter is constructed as a separate module for ease of use and practicality. The author provides the views and experiences of specialist practitioners together with detailed case studies. He also illustrates the links between other forms of insurance and their relationship with international company law.
A well designed liability policy will go a long way in managing the potential liabilities that directors' and officers' face as they deliver their services to their clients. Directors' and Officers' Liability Insurance provides a comprehensive source of information useful to brokers and other professionals worldwide. This book is a necessity for any broker who has dealings with major companies, and for underwriters of companies moving into this sector.
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