D&O coverage

This case study highlights how Kapnick’s collaborative, One Firm solution helped a private client secure independent D&O coverage for board members. By addressing insufficient limits in the company’s policy, Kapnick protected the client’s assets while respecting budgetary constraints. THE PROBLEM A Kapnick private client was invited to join the board of a for-profit company but was concerned about the company’s general D&O coverage limits. In the event of a claim, the first line of defense is the company, followed by their D&O policy, and finally the individual director or officer. The client, unwilling to risk his hard-earned assets, needed to explore…