What is AD & O policy?
What is AD & O policy?
Directors & Officers (D&O) Liability insurance is designed to protect the people who serve as directors or officers of a company from personal losses if they are sued by the organization’s employees, vendors, customers or other parties.
What is a good premium to surplus ratio?
The ratio is computed by dividing net premiums written by surplus. The lower the ratio, the greater the company’s financial strength. State regulators across USA have established a premium-to-surplus ratio of no higher than 3-to-1 as a guideline.
What does E & S mean in insurance?
Excess and Surplus Lines InsuranceExcess and Surplus Lines Insurance — or E&S insurance — was created for specialized and complex risks traditional insurance doesn’t cover. E&S can help wholesale insurance agents meet the challenge of serving customers who face these ever-evolving, hard-to-place risks.
