This new offering is designed to cater to UK-based or headquartered companies, large domestic and multinational businesses, as well as private companies with turnovers exceeding £250 million and publicly traded firms. The product is now available to brokers and their clients through RSA’s Commercial Lines, Mid Market business.
The launch follows a series of updates to RSA’s management liability suite, including last year’s refresh of its Management Liability product. Additionally, RSA has introduced several other key offerings recently, including a Design and Construct Professional Indemnity product in October and a Pension Trustee Liability product in September.
The new D&O product reinforces RSA’s commitment to providing comprehensive protection for senior executives while supporting businesses in navigating the complexities of modern corporate governance.
“We are living in a challenging and uncertain time where senior management faces daily decisions that could be questioned in the future,” said Matt Houghton, Head of Financial Risks at RSA. “A D&O policy is designed to protect and support these individuals, and with the launch of this product, we can now cover those responsible for managing the largest companies.”
He added “I’m delighted to introduce this new offering, which builds on the work we did last year in enhancing our product suite. It also reflects RSA’s and our parent company Intact’s commitment to continually improving and meeting our customers’ needs.”
