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Maximum A-Side Excess® (MAX)

Maximum A-Side Excess® (MAX) is “Side A” excess coverage enhanced with Difference In Conditions (DIC) to provide expansive protection for directors and officers of financial institutions in non-indentifiable claims.  The non-rescindable policy makes first-dollar coverage available for both independent executives and “insiders” in certain non-indemnifiable claims in which their traditional excess policy does not respond due to (1) threatened or actual rescission of the underlying insurance policies, (2) wrongful refusal and/or financial inability of the underlying carriers to indemnify the insured persons, and (3) denial of coverage by underlying carriers due to terms and conditions inconsistent with MAX.
Features and Benefits Back To Top
  • Excess Follow Form executive managerial liability insurance
  • Non-Follow Form Coverage for a DIC Event: threatened or actual rescission of the underlying policies; wrongful refusal by the underlying carriers to indemnify insured persons; financial inability of the underlying carriers to indemnify the insured persons; and denial of coverage by underlying carrier due to terms and conditions inconsistent with MAX
  • Explicit Side A Excess employment practices coverage
  • Follow Form Coverage responds upon the exhaustion of the underlying carriers’ policy limits
  • Non-Follow Form Coverage responds to protect against any DIC Event
  • The policy provides explicit Side A Excess employment practices coverage
  • Once triggered, the policy pays on a Side A basis even if the insured’s company is obligated to indemnify but fails to do so
 
Marketing Materials Back To Top

Financial Institutions Overview Highlight Sheet

Executive Liability Value Proposition Highlight Sheet

Straight Talk on Escalating Risks for Officers and Directors in 2010
An article written by Lawrence Fine, Senior Vice President & Chief Technical Officer for Complex D&O/Fiduciary Claims, and Mark Curley, Senior Vice President for D&O Claims.

D&O Seminar - October 2009
Leading representatives from the insurance, risk management and securities litigation community came together to discuss regulatory and economic issues, market trends and challenges during the 2009 D&O Seminar Series. 

Claims Back To Top

We have assembled a seasoned team of claims professionals who are experienced in managing some of the highest-profile D&O, E&O, employment practices, fiduciary, crime and technology cases in the industry, for entities of all sizes and across most industries-from Fortune 500® companies to not-for-profit organizations; multinational corporations to privately-held enterprises.
 
Our centralized in-house operation, positioned adjacent to our underwriting colleagues, allows us to facilitate prompt case resolution and the best possible claim outcomes. We offer access to some of the nation's leading law firms specializing in the defense of securities, employment practices, fiduciary and technology claims. And in the toughest environment, policyholders can count on our aggressive litigation strategies to defeat even the most formidable plaintiff's attorneys.

To report a claim please contact us:
Tel: 888-602-5246
Fax: 866-227-1750

Mail: Domestic Claims
c-Claim for Financial Lines
175 Water Street, 9 Fl.
New York, NY 10038

To follow up on an existing claim:
Tel: 888-602-5246

Download a claim form for submission.

To request loss runs, contact Broker Services at 877-867-3783