In an ever changing and complex business environment, civil liability lawsuits may arise from actions and decisions that are commonly seen as business as usual.

 

Lawsuits are more frequent these days, leveraged by a growing culture of claims and litigation, and to some extent live social media coverage. There’s no doubt that this scenario is empowering citizens to seek more social justice, but that doesn’t have to limit the decision-making actions of companies’ executives and directors. The D & O product does not prevent a company’s executives from being taken to a trial, but it can offer organizations the support they need if this type of events occurs.

 

Scope of coverage

 

D&O protects the insured’s assets by covering the expenses they are obliged to pay as the consequences of claims against their administrators, for which they become liable because of wrongful acts during the performance of their functions.

The main coverage are:

 

  • Civil Liability for Directors & Officers
  • Reimbursement of expenses incurred and paid as compensation
  • Legal expenses
  • Judicial caution contract costs
  • Costs of guarantees
  • Costs of investigations to a government entity
  • Worker’s Comp claims
  • Participation as BOD member of no profit entities
  • Corporate image costs
  • Pollution defense costs

Resources and documents

 

Learn more about this product, Click on each of the documents for more information.

 

Brochure

Slip

Endorsements

What sets us apart

 

Nothing else gives more peace of mind to a company’s executives than having the support of the employer in every decision and action they make. A D&O coverage allows for:

 

  • Mitigatation of the impact of exposure derived from changes of legal framework, basically due to ignorance of the law
  • Reimbursement of expenses derived from court proceedings, indexation of a claim due to fluctuation of the economy
  • Less impact of possible decline of D&O’s productivity at the occurrence of an unexpected event if the adequate policy is in place
  • Having coverage limits designed to cover reimbursement and expenses for civil liability, including attorneys’ fees

Carolina Carmona
Underwriting Manager
+1 (786) 437 8546

Carolina.Carmona@LibertyMutual.com

 

Carolina Carmona
Underwriting Manager
+1 (786) 437 8546

Carolina.Carmona@LibertyMutual.com

 

What sets us apart

 

Nothing else gives more peace of mind to a company’s executives than having the support of the employer in every decision and action they make. A D&O coverage allows for:

 

  • Mitigatation of the impact of exposure derived from changes of legal framework, basically due to ignorance of the law
  • Reimbursement of expenses derived from court proceedings, indexation of a claim due to fluctuation of the economy
  • Less impact of possible decline of D&O’s productivity at the occurrence of an unexpected event if the adequate policy is in place
  • Having coverage limits designed to cover reimbursement and expenses for civil liability, including attorneys’ fees

Latest News

 

Check out our News section where you can find our news blog and also global information about the insurance industry and other interesting topics
related to Liberty Specialty Markets Latin America.

  • In the latest issue of Hispanic Executive magazine, Alexander Montoya, President of Liberty Specialty Markets US, Bermuda, and Latin America, talks about his culture of empowerment, motivation, contin

  • At Liberty Mutual we recognize the important role that we, like our industry, have in driving positive change, even more so now.

  • LSM Latam & MDS Group Brokerslink Cocktail with the team of Liberty Specialty Markets in Miami.

Why to choose
Liberty Specialty Markets Latin America

We offer a wide range of products designed to meet the needs of your business – regardless of size or industry.

We have underwriters and specialists with full authority in specialized products, which guarantee you fast responses. We have the training, technology, and resources to get you the best possible outcome.

With expertise all over the region, from risk control to underwriting to claims, our team of professionals will find the right solution for your unique business.

The strong financial support and more than 100 years of experience of Liberty Mutual Insurance Group.