RSA Insurance has launched a new directors’ and officers’ insurance product to complement its existing financial risks offering. Available via the insurers’ mid-market commercial lines business, the product is aimed at UK domiciled or headquartered companies, large domestic and multinational businesses, private companies with a turnover of over £250m and publicly traded companies.
Matt Houghton, head of financial risks at RSA Insurance, said: “We find ourselves living in a challenging and uncertain time. Senior management make decisions on a daily basis that can be open to question at a future date.
“At its heart, a D&O policy is designed to protect and support these individuals, and the launch of this product means that we can now cover those insureds that manage the largest companies.”
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