Templar Specialty introduced that it’s now increasing its govt {and professional} legal responsibility insurance coverage choices to incorporate extra and A-side Administrators & Officers protection to public firms. This follows the success of Templar Specialty’s Govt and Skilled Defend, a collection of coverages together with D&O, EPL, fiduciary crime and miscellaneous E&O insurance coverage for the not-for-profit and personal sector, launched in 2022.
Templar Specialty is a Chicago-based MGU supported by Mission Underwriters.
Based by trade veterans, Matt Tusinski and Nick Denges, Templar Specialty’s govt {and professional} legal responsibility coverages are written on a major and extra foundation and could also be written as stand-alone or mixed right into a single, “bundle” coverage and include an array of restrict and retention choices. Along with the core major coverages, Templar’s Govt and Skilled Defend packages additionally supply a simplified extra type, and a sturdy standalone A-side DIC type.
This growth comes throughout a time of serious regulatory adjustments for companies, rising market volatility, and shifts in worldwide enterprise practices. The variety of securities class motion filings elevated for the second consecutive yr in 2024.
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