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Directors and Officers Liability Will your global D&o policy address your risk when you need it?

Risk managers have a host of management liability exposures to consider.

Does your multinational company entrust the protection of its management team to a single, global directors and officers (D&O) liability insurance policy? If so, are you sure that your policy will perform as needed wherever you need it? Is the scope of coverage adequate in foreign jurisdictions, particularly with regard to outside directors and local officers? Does your policy satisfy local insurance requirements and tax laws?

Do you know what will happen if a company director or officer is sued in a country that may limit or prohibit indemnification, or where you can get credible information about changing global D&o liability risks?

You are not alone. more and more, risk managers of multinational companies are wrestling with management liability exposure issues like these.

Why you need multinational D&O coverage

multinational corporations commonly purchase a worldwide D&o liability insurance policy in their home country under the assumption that this policy will offer solid protection everywhere in the world. however, the world is changing, and international awareness of D&o liability is expanding. consider:

• the rising tide of corporate governance reforms,

• an increasing number of lawsuits or regulatory actions pursued against corporate boards or officers, and

• more countries adopting new insurance regulations.

any of these developments can increase the likelihood of a lawsuit arising that could have a significant negative impact on your company’s bottom line or on the liability of its directors and officers. additionally, they could challenge the effectiveness of your company’s single-policy approach. that is why you should consider a multinational D&o liability insurance solution designed to fit your company’s country risk profile.

Chubb offers a personal, flexible approach to solving multinational D&O risk

chubb makes it easier for you to manage your company’s complex global D&o liability exposures by connecting you with our broad range of multinational capabilities. You can count on us for:

• Experience—chubb was a pioneer in international D&o liability insurance in the 1980s, and we remain one of the leading D&o insurers worldwide. our underwriters draw on decades of experience to identify your company’s global D&o liability exposures and to create a tailored insurance solution.

• Knowledge—our multinational D&o professionals understand your concerns, know what needs to be done, and have the ability to collaborate with our extensive international resources.

• Responsiveness—our customers appreciate that our people go the extra distance to respond to their needs—from customizing coverage, to handling claims, to simply answering their questions—with speed and flexibility.

Connect with us today

When it comes to complex multinational D&O liability risks, you’ll want Chubb at your side. Put your confidence in Chubb—simply contact your trusted agent or broker. You may also visit us online at www.chubb.com.

Chubb Group of Insurance Companies | www.chubb.comchubb refers to the insurers of the chubb Group of insurance companies. not all insurers do business in all jurisdictions. this literature is descriptive only. actual coverage is subject to the language of the policy as issued. chubb, box 1615, Warren, nJ 07061-1615.

Form 14-01-1008 (rev. 6/15)

• Seamless continuity—We are a globally integrated insurer that has the ability to issue policies and service your company in more than 100 countries through our network of offices and affiliates. We connect the dots from underwriting to specialty claim expertise.

• Contract compliance—We issue locally admitted policies that address jurisdictional risks and other uniquely local D&o liability exposures, written in the local language, ensuring compliance with local insurance regulations and tax laws. this way, you can be confident that your policy will work as intended.

• Convenience—chubb has dozens of multinational D&o experts “on the ground” worldwide, so one is likely located near you. additionally, chubb offers a full suite of D&o liability products, easing your search for the right coverage.

• Strength—chubb is one of only a handful of insurers with the financial stability needed to handle your D&o liability risks on a global basis.

• Superior claims handling—laws and practices related to handling claims can vary significantly by country, so claims against global D&o policies can take a long time to interpret and resolve. chubb’s claims professionals have earned a reputation for fair, efficient, flexible, and seamless claim resolution no matter where a claim occurs.

Chubb stands prepared to assist youAt Chubb, we believe the best way to earn the confidence of our customers is by providing exceptional service, from the insurance purchase to the handling of claims. That’s why our underwriters, claim analysts, and other professionals often strive to meet in person with your senior management team and board of directors.

Our flexible, team-oriented process is designed to:

• Help you clearly identify your company’s unique multinational D&O liability exposures, and

• Build an effective multinational D&O liability insurance program that specifically addresses your exposures.

• Work together with you and your agent or broker to apply a consistent approach that achieves an effective multinational risk solution—from Seattle to Stockholm, from Singapore to Shanghai.