SPECIALTY LINES
D&O / Management Liability
Our Management Liability practice encompasses Directors & Officers, Employment Practices Liability and Corporate Liability. The complexity and detail of Management Liability related claims can mean a significant volume of documentation at the notification stage. Our involvement can assist in providing a timely and efficient coverage response. Our in-house legal skills and offices worldwide can be leveraged in a cost-effective way to monitor and report on developments.
Key Contacts
E: nicholas.lastella@charlestaylor.com
M: +39 340 069 2602
E: andrew.jackson@charlestaylor.com
M: +44 7979 850 240
The D&O adjusting team can assist with the provision of: (i) a triage service; (ii) reviewing the notification materials; (iii) assisting policy and coverage review; (iv) defence costs analysis and reconciliation; (v) monitoring and reporting on developments in litigation and investigations; and (vi) communication between interested parties to enable smooth flow of information.
We appreciate claims are often highly sensitive for the Insureds and can impact their reputation and even survival. Whilst undertaking a thorough investigation and analysis of each claim, our non-confrontational and collaborative approach with all stakeholders seeks to encourage open dialogue and rapid provision of information so that all parties can assess the impact on policy response as quickly as possible.
Case Examples
- Multinational group’s simultaneous insolvencies in USA, Brazil, China, Italy, Luxembourg and Mexico
- Brazil – Administrative sanction proceedings brought by the Federal Prosecutor
- Italy – EUR 1.2 billion claim by a Bank against its former Chairman and CEO for alleged mis-management
- USA – SEC investigations, derivative, shareholder and securities class actions
- Australia – Royal Commission investigations and various class actions
- South Korea and India – extradition proceedings against Directors of a pharmaceutical company
- Russia – allegations against directors of a USD 1 billion property investment bond
- Germany – Insured vs Insured claims
- Malta – Liquidator claim against the Board of Directors for alleged mis-management
- Chile – Judicial authorities initiated proceedings against Directors in respect of a tax avoidance scheme
Charles Taylor Adjusting’s Specialty Lines practice encompasses our Financial Institutions and Commercial Crime, Professional Indemnity, Directors & Officers, Cyber, Credit & Political Risks and Specie & Fine Art specialisms.