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Underwriting
  • Overview
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Directors & Officers Liability

AEGIS Directors & Officers coverage is tailored to the needs of the energy and utility industry.

Limits: Aggregate limits up to $50 million are available.

Coverage features:

  • No pollution exclusion
  • Defense cost definition includes expenses incurred by directors and officers in connection with SOX and Dodd-Frank compensation repayment
  • Policy is non-rescindable under Insuring Agreement A
  • Coverage may only be cancelled for non-payment
  • Broad entity cover available for cooperatives and public power risks

Premium credit program: Members who renew their policies with AEGIS are eligible for premium credits that help lower the long-term cost of risk, which is one of the many benefits that distinguish AEGIS from the commercial insurance markets. The credit program includes policies written for Excess Liability, D&O, Property, Cyber and  Workers’ Compensation. An additional credit – the Member Loyalty Credit – is paid to members who purchase four or five of the following AEGIS products in a given year: Excess Liability, D&O, Property, Workers’ Compensation, Cyber, Generation Outage or Capacity Performance.  Loyalty is the cornerstone of our mutual relationship and we are pleased to recognize and reward our members’ loyalty with these programs.  

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AEGIS is an eligible surplus lines insurer in all US jurisdictions, and a licensed foreign insurance company in all provinces and territories of Canada. For information and assistance about how to approach AEGIS, US persons should contact a licensed surplus lines broker in their state.

© 2020 Associated Electric & Gas Insurance Services Limited and AEGIS Insurance Services, Inc. All rights reserved.

Contact Us
For more information about Directors & Officers Liability, please contact:
George Keefe Senior Vice President — Member Relations

201.508.2797

Fred Murnane Vice President & Senior Underwriting Officer

201.508.2765

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  • AEGIS-Everest National Alliance for Admitted, Primary Coverage

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