What are the main items one should evaluate when reviewing D&O proposals?
A. Other then basic difference such as price, retentions, financial strength, we would emphasize the longevity, quality of underwriting and contractual wording. Please keep in mind that each policy is a legal contract that differs. The application becomes part of the policy and application requirements and language is as important as the policy itself. Claims approach is a significant aspect that is often overlooked when choosing a D&O provider.
