Chubb D&O Insurance
Chubb sells D&O and entity liability insurance for smaller privately held companies through its ForeFront Portfolio, with separate versions for not-for-profit and healthcare organizations.
What Is Chubb’s Role in D&O Insurance?
Chubb underwrites D&O and Entity Liability directly through ForeFront Portfolio 3.0, describing this specific version as designed for directors and officers of smaller, privately held companies. 1ForeFront Portfolio 3.0 D&O and Entity Liability product page.
Who Is Chubb D&O Insurance For?
What Coverage Features Does Chubb D&O Insurance Include?
Chubb lists a broad definition of Insured covering the parent organization, subsidiaries, directors or officers (including foreign equivalents), advisory board members and volunteers worldwide; automatic not-for-profit outside-directorship coverage; a broad definition of Claim including written demands, civil and criminal proceedings, and extradition requests; and civil fines and penalties coverage where insurable, including FCPA civil penalties. 1Coverage Highlights list; subject to the policy as issued.
Chubb says the policy uses a streamlined insured-versus-insured exclusion with exceptions (including financial impairment, former executives after one year, and whistleblower and employment claims) and conduct exclusions that require final non-appealable adjudication before they apply. 1Coverage Highlights list, exclusion-related bullets.
Chubb says the policy provides private-placement and failed-IPO coverage, a full Side A carve-back to the pollution exclusion, and a guaranteed IPO quotation including coverage for road-show presentations. 1Coverage Highlights list.
What Limits and Retentions Does Chubb D&O Insurance Have?
Chubb publishes two specific sublimits: a $500,000 sublimit for security-holder derivative-demand evaluation costs, and an optional additional $500,000 Side A dedicated limit for executives. Overall policy limits are not published and depend on the issued policy. 1Coverage Highlights list.
How Do You Apply for Chubb D&O Insurance?
Agents and brokers can quote and issue the ForeFront Portfolio, including its D&O and Entity Liability coverage, through Chubb Marketplace. 2ForeFront Portfolio page quoting section.
