Knowledge Library

Claims-made insurance policies rely on several timing provisions to determine when coverage applies. One of the most important is the retroactive date, which establishes how far back a policy will respond to wrongful acts.

Derivative claims create one of the most important coverage issues in Directors and Officers (D&O) insurance: indemnification may not be available. When shareholders sue directors or officers on behalf of ...

Understanding IBNR is more than knowing its definition. It means grasping how insurers use it, why it matters, and what role it plays in evaluating financial stability, pricing, and long-tail risk.

Run-off insurance refers to the coverage arrangement used when an insured has ceased operations or stopped providing professional services but remains exposed to claims arising from past acts.

Professional Indemnity Insurance (PI insurance) covers claims arising from providing professional services, including allegations of negligence, errors, omissions, or breaches of professional duty, that result in financial loss to a client or third party.