CFC vs 
Travelers: How Do They Compare for D&O Insurance?
Travelers insures D&O for private, public, nonprofit, and financial organizations through independent agents; CFC includes it in a US management-liability package and separately offers Side A DIC excess cover.
Travelers writes D&O for private, public, financial-institution and nonprofit boards, with a dedicated nonprofit version; CFC's D&O comes only inside a management-liability package that declines US public and California-domiciled companies. 5,1,2
What Are the Key Differences Between CFC and Travelers D&O Insurance?
Broad Appetite Through Local Agents vs a Narrower Package
You buy Travelers D&O through an independent agent, standalone or with other management-liability coverage. CFC's D&O is one part of its US Management Liability package, with an extra limit for insured persons and an excess Side A DIC policy available on top. Choose Travelers if you're a public company, bank or financial institution, nonprofit, or California-domiciled business; choose CFC if you're a private company outside California that wants D&O packaged with other management cover. 5 1 2
What Claims Can Cost
Travelers' claim examples run from roughly $85,000 to over $1 million in settlements and defense costs, a useful yardstick when you pick a limit, though neither insurer publishes limits or premiums. 5 2
What Should You Confirm in CFC and Travelers D&O Insurance Quotes?
- Ask your Travelers agent whether you're on the private, public, financial-institution or nonprofit form, and which Travelers company issues it. 5
- Ask CFC how large the additional insured-persons limit is and whether Side A DIC is worth adding. 2 1
- Ask CFC which insurer or Lloyd's syndicate issues a US D&O policy; its materials don't say. 3
CFC vs Travelers D&O Insurance Compared
CFC vs Travelers: D&O Insurance: documented features by provider
| Criteria | CFC Directors & Officers Liability | Travelers Directors & Officers (D&O) Liability Insurance |
|---|---|---|
| Who It’s For | CFC's brochure lists California-domiciled business and US publicly traded companies among the risks it declines for the package that carries this D&O coverage. 2Company-reported. Brochure's 'What we decline' list; underwriting still applies to any individual business. | Travelers markets D&O coverage to private companies, public companies, financial institutions and nonprofit organizations with boards of directors, and offers a version specifically for nonprofit organizations. 5Company-reported. Product page "Who is D&O liability insurance right for?" section and nonprofit D&O video segment. |
| Coverage Features | CFC says its directors and officers cover includes protection for the entity itself and aims to prevent directors and officers from having to sell personal assets to pay defense costs. 2Company-reported. Brochure's 'Directors and officers cover' description; the issued policy wording determines actual entity and Side B/C coverage terms. CFC's brochure lists an additional limit for insured persons as part of the directors and officers liability section, on top of the package's base limit. 2Company-reported. Brochure's 'What else is in the policy?' list; the dollar amount of that additional limit is not stated on the reviewed pages. CFC separately offers Side A DIC (difference in conditions), which it describes as excess coverage for directors and officers of private and publicly traded organizations, sitting above the primary management-liability D&O cover. 1Company-reported. Management-liability product page; Side A DIC has its own brochure that was not opened for this record, so its terms are not otherwise described here. | Travelers says D&O insurance protects directors and officers from personal losses if sued by employees, vendors, customers or other parties, covering defense costs, settlements and other costs from wrongful-act allegations such as securities litigation, regulatory actions and breach-of-fiduciary-duty claims. 5Company-reported. Product page introduction and "Travelers knows Directors & Officers Liability Insurance" section; exact terms and exclusions are set by the issued policy. |
| Role in This Line | CFC includes directors and officers liability inside its US Management Liability package rather than selling it as a standalone product. It separately sells Side A DIC, an excess policy that sits above a company's existing D&O program. 1,2Company-reported. CFC's management-liability product page and brochure; package composition as CFC describes it. | Travelers underwrites D&O liability insurance as part of its Management & Professional Liability line, sold standalone or alongside other management liability coverages. 5Company-reported. Product page general framing; confirmed against the broader Management and Professional Liability Insurance page. |
