Announcing our D&O product expansion

Entity Liability, Entity EPL, Crime, Statutory Liability and Tax Audit

Pacific Indemnity Underwriting Solutions and Adam Suplina, Directors’ and Officers’ manager, are pleased to announce a significant expansion of our D&O product offering to the Australian insurance market, now providing Entity Liability, Entity Employment Practices Liability (EPL), Crime (including social engineering cover), Statutory Liability and Tax Audit coverage extensions plus increased capacity.

As we continue our partnership with Lloyd’s of London, which has enabled us to provide D&O coverage to our mutual clients sustainably and for the long term, over the past year we have actively listened to our valued broker partners, to better understand evolving client needs. This expanded capacity and enhanced product suite are designed to cater comprehensively to your clients’ requirements in terms of coverage, product design, and placement.

Expanded Capacity

Targeting a broad and diverse client base across private and listed companies, with a broad based appetite for commercial and financial institutions, Pacific Indemnity can now offer the following coverages:

Core Directors and Officers (D&O) Liability:
* Directors and Officers (Limits up to $10m)

Flexible Optional Extensions:
* Entity Liability (Sub-Limits only) up to $10 million
* Entity EPL Limits up to $2 million
* Statutory Liability Limits up to $5 million
* Crime Limits up to $5 million
* Tax Audit Limits up to $500,000

This flexibility allows you to tailor the product structure to meet your commercial clients’ exposures and budget.

Commercial Risks
Optional extensions as separate limits (excl Entity Liability) up to $22.5 million as a combined total or sub-limits of the overall D&O limit, or a combination of both standalone and sub-limits.

Financial Risks
All optional extensions are offered as sub-limits of the overall D&O limit.

Key highlights of our offering

• Now offering Entity Liability (Securities Liability for Listed companies), Entity EPL, Crime (including social engineering), Statutory Liability and Tax Audit coverages
• Standalone D&O cover
• Underwriting capacity for both primary and excess policies
• Sides ABC, AB and Entity Liability coverages available (Securities Entity Liability for Listed companies)
• No upper limit revenue caps or thresholds
• Competitive premium and retentions
• Flexible product structuring: aggregate, separate limits, or a combination
• Target Market segment is for private (medium to large), public unlisted, and publicly listed companies
• Experienced and responsive D&O claims management

Please find links to our primary D&O policy wording and revised proposal form for your review and consideration. We are confident that the cover afforded under our policy is competitive and comprehensive.

At Pacific Indemnity, we are committed to delivering exceptional customer service and we are always available to assist you or your clients with any questions or concerns. Our underwriting approach is broker-focused emphasising quick turnaround times, flexibility and pragmatic solutions. A cornerstone of our commitment at Pacific Indemnity is to our broker partner, to support you irrespective of changing market conditions. We intend to continue this commitment in underwriting this product offering.

We are continuing to listen to the markets needs and continue to release new and innovative financial lines solutions in 2025, more to be announced shortly.

Categorised in: Company News, Directors & Officers Liability, Industry News, Underwriting