MGA expands D&O offering with NED Protect
Rising Edge has expanded its commercial D&O offering to include a new product, tailored exclusively for non-executive directors.
The managing general agent said that, in recognition of the “unique responsibilities and challenges faced by NEDs”, the new product provides “ring-fenced, standalone Side A D&O coverage and policy limits for individual NEDs”.
Additional features of the product called NED Protect - include coverage for multiple NED appointments, a legal hotline with international law firm Clyde & Co, an extended reporting period for notifying claims and a fast-track dispute resolution process.
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