D&O defends officers and directors against claims of wrongful acts in their corporate capacity. The structural shape of your tower. Sides A, B, and C. determines who gets paid in what order when a real claim hits.
Side A pays directors and officers directly when the company cannot or will not indemnify them (derivative suits, insolvency). Side B reimburses the company when it advances or pays defense and indemnity for its officers. Side C provides entity coverage for securities claims against the company itself. A complete coverage usually layers a Side-A DIC (difference-in-conditions) excess above the primary tower to fill specific Side-A gaps.
Any company with outside investors, an independent board, employees who might bring whistleblower claims, M&A activity, or capital-raise plans should carry D&O. For pre-IPO and venture-backed companies, the structure of the tower can be the difference between recruiting a board and not.
Four specifics a well-served buyer should already be hearing about this coverage in this market. Read silently. Answer internally.
Does your D&O tower include Side-A DIC for non-indemnifiable claims against individual directors?
What's your defense-allocation provision. a pre-set percentage, or carrier discretion at the time of claim?
When was the last time your D&O limits were stress-tested against a securities-class-action scenario at your revenue band?
Has the policy been amended to narrow or remove any conduct exclusion since the last renewal?
Every finding includes a kind, a real finding, and where applicable, the consequence. ARIA's actual output also includes the policy page that proves the finding. Once you upload your declarations.
Annual premium distribution for a comparable business in your industry and revenue band, drawn from anonymized placements. Your specific position is computed when ARIA reads your declarations page.
Illustrative dataset · n=128 mid-market placements · refreshed quarterly
The first gap usually surfaces within twelve seconds of ARIA reading your declarations page.
Five fields. ARIA returns a first read on your coverage before you've shared a contact detail.
A licensed Risk Strategist on the call. The same first read, walked through by the human who will sign every bind.
Nothing binds until a licensed Risk Strategist signs the placement
ARIA · live across every page