Erica Villanueva and Tyler Gerking will be presenting to the Association of Corporate Counsel (ACC) on September 14 in San Francisco and 15 in Palo Alto about private company D&O liability insurance, also known as management liability insurance. Below is a description of the program, which will touch on hot issues that many companies are dealing with right now. Use the links to view the event details and register online.

Private D&O Insurance: Things You Should Know

Companies are staying private longer and purchasing private company directors’ and officers’ liability (D&O) insurance, sometimes known as “Management Liability” insurance. When it comes to D&O coverage, most private companies focus on two things: obtaining it, and keeping the premium low. When a company faces a claim, however, it discovers there is much more complexity to private D&O insurance, and often broader coverage than a public company D&O policy. Accessing and maximizing the available coverage may require a concerted, strategic effort on the part of  the company,  its insurance broker, and  insurance coverage counsel. This program will cover:

• Key features of management liability policies
• Common exclusions and limitations
• The practical impact of certain clauses – and widely-available coverage enhancements that can mitigate these impacts
• Implications of common pitfalls and mistakes in reporting and managing claims