Beazley vs TechInsurance D&O Insurance

Beazley underwrites private-company directors and officers (D&O) liability itself, offered as a standalone product on its D&O - Private Companies page and bundled with employment practices and fiduciary liability coverage in its ExecuGuard package policy. ^5,3Company-reported. US private-company D&O as described on the two reviewed product pages; does not establish which entity issues a particular policy.

TechInsurance arranges directors and officers (D&O) insurance, a type of management liability insurance, and says it can be purchased as a standalone policy or as an endorsement to a general liability policy or business owner's policy. ⁸Company-reported. D&O product page.

Neither the D&O - Private Companies page nor the ExecuGuard page names the specific Beazley insurance entity that issues the policy; ExecuGuard states both admitted and non-admitted versions are available, so the issuing carrier depends on the policy placed. ^5,3Not found in reviewed sources. Both product pages as read on 2026-09-23; the issued policy's declarations control the actual insurer.

The reviewed page does not name the issuing insurer for a D&O policy. ⁸Not publicly disclosed. D&O product page as read on 2026-09-23.

The D&O page targets privately held companies of all sizes facing litigation such as employment allegations, fraud and misrepresentation claims, without a stated employee-count or revenue threshold on that page. ^5,3Company-reported. Private-company D&O only; ExecuGuard buyers can additionally choose to share limits across D&O, EPL and fiduciary coverages.

TechInsurance targets D&O at companies with an active board, naming employers with employees or stockholders, venture-backed startups (where investor term sheets often require the coverage), and nonprofits (where most states require a board of directors) as examples. ⁸Company-reported. D&O product page, Who needs D&O insurance coverage? section.

The D&O product lets the policyholder choose between a "duty to defend" or "pay on behalf" claim-handling structure, and Beazley says it pays 100% of defense costs for covered loss. ⁵Company-reported. D&O - Private Companies product page; actual defense obligations and cost-sharing are set by the issued policy.

Beazley offers a dedicated additional Excess Side A limit that responds for individual directors and officers when the company cannot indemnify them or the underlying limit is exhausted, plus an optional employed-lawyers errors-and-omissions extension. ⁵Company-reported. D&O - Private Companies product page; availability and pricing of the extension depend on underwriting.

TechInsurance says D&O covers legal costs when directors, board members or officers are sued over employment practices, fund mismanagement, failure to follow corporate bylaws, regulatory non-compliance, or IP infringement or libel tied to their decisions, and structures coverage into Side A (personal protection), Side B (company reimbursement) and Side C (entity coverage, mainly for public-company securities claims). ⁸Company-reported. D&O product page; general policy description, not a specific policy form.

TechInsurance says D&O is a claims-made policy, meaning coverage applies only if the policy is active when a claim is made, and that criminal acts by directors or officers, such as fraud or embezzlement, are excluded. ⁸Company-reported. D&O product page, How does directors and officers insurance work? and exclusions sections.

Beazley advertises private-company D&O limits up to US $20 million, on either an admitted or non-admitted (surplus lines) basis; actual limits and retentions are set by underwriting and appear on the declarations. ^5,3Company-reported. Advertised maximum capacity, not a guaranteed quote amount.

TechInsurance says D&O policyholders pay a median of $133 per month, with the exact premium depending on policy limits, deductible, legal jurisdiction, industry risk, headcount, revenue, claims history and IPO potential. ⁸Company-reported. D&O product page cost section; a company-reported median from TechInsurance's own book of business, not a published rate table.

D&O policyholders get pre-approved choice-of-counsel flexibility, and law-firm insureds can access a bespoke executive-risk wording through Beazley's related Practice Protect product. ⁵Company-reported. D&O - Private Companies product page; scope and terms of the Practice Protect wording were not independently reviewed.

Not described in the reviewed sources.

Beazley lists a downloadable EPL renewal application as a tool on the D&O page and names regional Executive Risk underwriters and brokers as contacts, but the reviewed page does not describe a self-service online quoting flow for new D&O business. ⁵Company-reported. D&O - Private Companies product page as read on 2026-09-23; buyers typically work through a broker or underwriter contact.

Not described in the reviewed sources.

Beazley illustrates its D&O claims approach with a securities class-action and shareholder derivative-action scenario in which its claims team worked with the insured's defense counsel toward a dismissal, avoiding a settlement; this is a single company-reported example, not audited claims-outcome data. ³Company-reported. ExecuGuard page scenario section; outcome statistics are not independently verified.

Not described in the reviewed sources.