London and regional markets focused managing general agent Kayzen Specialty has launched an add-on for directors’ and officers’ insurance claiming it will provide broader cover protecting individual executives from gaps.
It has been created as a ‘wrap’, which forms part of the excess layer on a traditional D&O tower.
According to the firm, the “unique differentiator” in the D&O market has been well received and will help brokers win or retain business.
We’re delighted with the initial response from our brokers to a truly innovative broadening of ground up coverage that maintains the integrity of a traditional D&O tower.
The cover drops down into the primary layer and insures where that is refusing to pay either due
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