McGill and Partners, the global boutique specialist (re)insurance broker, has launched a ready-made and self-contained coverage solution for corporate insolvency, known as SAIFElimits.
This innovative offering is designed to seamlessly integrate into primary directors’ and officers’ (“D&O”) policies, automatically triggering coverage upon the occurrence of an insolvency event.
SAIFElimits is specifically engineered to address the challenges faced during corporate insolvencies and enables directors and officers to enjoy protection for up to six years throughout the insolvency process.
The unpredictable risk of insolvency, even for large companies, can emerge suddenly and without warning, as exemplified by cases like Carillion,…
