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Products (Primary or Excess)
- Directors & Officers Liabiity
- Employment Practices Liability
- Fiduciary Liability
Market Segments
- Public Companies
Crum&Forster specializes in writing coverage for public companies
that have difficulty securing insurance protection in the standard
D&O marketplace. Whether the problem is
erratic earnings, a below-average
balance sheet or past claims activity, Crum&Forster
is prepared to design valuable
insurance protection under unique circumstances.
- Nonprofit Companies
Educational, social and philanthropic organizations are not immune from lawsuits.
Crum&Forster provides broad coverage for the Organization and its Directors, Trustees
or Officers.
- Private Companies
Crum&Forster provides “Platinum Protection” for private companies combining D&O,
Employment Practices Liability and Fiduciary Liability in one policy designed specifically for
privately held corporations of any size.
- Employment Practices Liability
Crum&Forster provides broad protection for this area of exposure which has become a
significant item of management liability. Claims for harassment, discrimination and
wrongful terminations are on the rise. Our policy includes an option to cover claims by
third parties and not just by employees. The policy also includes coverage for workplace
violence.
Capacity
Crum&Forster can offer limits of $10,000,000 (each claim and in the aggregate)
on a primary or excess basis for each of the product lines offered.
Target Classes/Risks
- Manufacturing
- Service
- "Cutting-edge" Technology Companies
- Captives, RRG’s, RPG’s, Self-Insurance Funds, Trusts, and Pools
- Difficult or unusual risks, including:
- Bankrupt companies
- Reverse Mergers
- Runoffs
- Below average balance sheets
- Uneven or poor earnings records
- Unique history or organization
- Claims frequency
Sample Risks
Our portfolio includes a broad range of risk classes including:
Directors & Officers Liability
- A company that declared bankruptcy two months prior to inception date of policy
- A reorganized company emerging from bankruptcy
- A Workers' Compensation Self-Insured Fund for lumber companies
- A six year “tail” coverage for a company acquired by another firm
- A company with two previous class action claims
- A company with deficit surplus and negative net worth
Employment Practices Liability
- A multi-state manufacturing and distribution operation
- A major metropolitan real estate agency
- A resort, conference center and time share sales operation
- A software development, manufacture and distribution company
- A social service agency providing rehabilitative services
- A medical management organization and physician
practice
- A regional car dealership with multiple locations
- Excess on software company with 5000 employees worldwide
- An east coast trucking and courier service
- An Excess of Impaired aggregate limit on a risk with substantial claims history
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