What Does D&O Insurance from Gallagher Cover?

Gallagher's Executive and Financial Risk practice places D&O liability insurance and advises on program design; it does not underwrite the policy, which is issued by a carrier selected during placement. ¹Company-reportedGroup-level executive-and-financial-risk practice page.

The executive-and-financial-risk page does not name the insurer that would issue a given client's D&O policy; it says Gallagher weighs carrier qualifications and performance data alongside a client's own insurer history and preferences when deciding which carriers to approach. ¹Company-reportedGroup-level executive-and-financial-risk practice page.

Gallagher specifically markets D&O placement and advisory support to special-purpose acquisition companies (SPACs) around their IPO and de-SPAC process, and to companies going public through an IPO or direct listing. ¹Company-reportedGroup-level executive-and-financial-risk practice page, SPAC and IPO subsections.

Gallagher says its D&O team constructs policies addressing lawsuits from shareholders, employees, competitors, suppliers and government bodies, and can evaluate an existing D&O program against the market. ¹Company-reportedGroup-level executive-and-financial-risk practice page; a service description, not a specific policy's insuring agreement.

The executive-and-financial-risk page does not publish D&O limits, retentions or premium ranges. ¹Not publicly disclosedChecked the group-level executive-and-financial-risk practice page.

For SPACs and IPOs, Gallagher describes bundling D&O coverage before and after the IPO with related lines such as representations and warranties, E&O, cyber, tax and contingent liability coverage, plus risk-management and claims support at each stage. ¹Company-reportedGroup-level executive-and-financial-risk practice page, SPAC subsection.

Gallagher says its Executive and Financial Risk practice has a dedicated claims-advocacy team with in-house attorneys specializing in these lines, and that it uses quantitative benchmarking, including measuring the judicious use of Side-A-only D&O coverage, to guide more precise coverage structures. ¹Company-reportedGroup-level executive-and-financial-risk practice summary; describes a support service, not a guarantee of claim payment.