Beazley introduce Side A protection 'Beazley Armour'
Lloyd's (re)insurer Beazley have introduced Beazley Armour, a Side A policy form designed to provide exceptional protection for directors' and officers' and, on an excess basis, a seamless fit over traditional D&O programs.
Side A D&O policies protect directors and officers in cases where indemnification by the company is not available.
They have grown in popularity in recent years, following the corporate scandals early
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