AIG aims to "future-proof" company heads with D&O launch
AIG has launched a Directors and Officers (D&O) product designed to "future-proof" company heads in an era of "increased political, regulatory and criminal scrutiny".
The CorporateGuard product is intended to provide earlier protection by covering pre-claim inquiries and individual target investigations.
The insurer said that the offering, among other uses, will provide emergency funding to directors in case their property is confiscated or assets frozen.
AIG Europe head of financial lines, Peter McKenna, said: "In the current regulatory environment, directors and officers are facing increased political, regulatory and criminal scrutiny.
"What is novel here
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