JLT aims to plug EDI "gap" with new product
JLT has introduced an executive defence insurance (EDI) product in a bid to plug the "gap in the market" to insure against executive and corporate liabilities.
The broker said the offering came with a two-year policy period which combined a "number of financial lines under one limit".
It explained that the policy also boasted some dedicated protection for personal assets and included cover for directors and officers (D&O), pension trustees and for employment practice liability.
Speaking about the launch, Mike Lea, JLT head of D&O, commented: "This is an innovation in the insurance market aimed at companies looking to save time and cost on their
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