We are pleased to announce our new Side A facility through Endurance Risk Solutions-US which will offer Side A DIC coverage on a stand-alone basis. Endurance will independently underwrite, price and administer the claims, and is able to offer significant capacity, up to $30 million.
In the short time since Endurance has replaced our previous partner for Side A D&O coverage, four member companies have purchased coverage and five others are actively considering it. We are encouraged by this level of active collaboration with Endurance and we believe it reflects their financial strength and overall reputation in the industry.
Coverage details are posted on our website. For more information about Endurance Side A coverage, please contact Ray O'Byrne, Senior Vice President-Management Liability by e-mail or at 212.209.6533. If you have other D&O questions, please contact Karen Larson by e-mail or at 201.508.2804.