We recently received a referral from a consultant who was asked to assist their client with the D&O insurance buying process. He reached out to us and asked if we can help as he felt his client needed more guidance and advice than they were getting. Who can blame them? Management Liability Insurance is complex and it's not a cheap purchase. Hence clients expect, as they should, to be educated on the product and how it will address their specific risks and concerns.
Iron Cove Partners Presents to (FEA) Financial Executives Alliance | C-Suite Indemnification: How are you protected?
On Tuesday, June 7th, our Financial Services team had the opportunity to present to the New York Chapter of the Financial Executives Alliance, a leading Hedge Fund Peer Group on a topic we feel is often overlooked at the C-Suite level. Indemnification provided to corporate officers at the fund and management company level and the various nuances that exist. Further, we discussed the various insurance implications and the importance of Side A DIC coverage.