Best Public Offering Insurance Firms in USA
Non-sponsored, Expert Verified and Transparently Ranked Public Offering Insurance Firms in USA
Published: December 30, 2025 | Verified by: Ted Scheiman & Rob Watts
Executive Summary
We analyzed 5 solutions. Top Recommendation: Executive Liability by American International Group (AIG) scored highest due to Best for large or mid-cap public companies needing primary D&O with multinational program capabilities. AIG provides enhanced primary D&O features and dedicated public-company underwriting/claims expertise with 60+ years in management liability [1](https://www.aig.com/home/risk-solutions/business/management-and-professional-liability/directors-and-officers-liability), [2](https://www.aig.com/home/risk-solutions/business/management-and-professional-liability/public-management-liability)..
Content Verification
Side-by-Side Comparison
| Feature | #1 Executive Liability (American International Group (AIG)) | #2 Business Insurance Solutions (Allianz Commercial) | #3 Business Insurance (Chubb) | #4 Claims Services (Berkshire Hathaway Specialty Insurance (BHSI)) | #5 Surety Bonds (Travelers) |
|---|---|---|---|---|---|
| Best For | Best for large or mid-cap public companies needing primary D&O with multinational program capabilities. AIG provides enhanced primary D&O features and dedicated public-company underwriting/claims expertise with 60+ years in management liability [1], [2]. | Best for US-listed companies planning IPOs or follow-on offerings. Combines D&O with Public Offering of Securities Insurance and can tailor coverage to risk profile [1], backed by a global platform serving large enterprises and specialist risks [2]. | Best for publicly traded companies wanting comprehensive D&O plus strong securities-claims defense. Offers entity securities liability, interview coverage, and optional preferred securities panel retention reduction; global program solutions support cross-border listings [1], [2]. | Best for public companies seeking straightforward D&O with robust investigation coverage and choice of counsel. Executive First includes broad government investigation coverage and derivative demand cost coverage, backed by Berkshire’s A++/AA+ financial strength [1], [2]. | Best for growing public companies needing mainstream D&O with strong claims support. Travelers addresses securities litigation exposures and offers public company-specific D&O forms plus 24/7 claim reporting via its Bond & Specialty unit, simplifying response to incidents [1], [2], [3]. |
| Policy Customization | Modular D&O Statement Series forms let AIG tailor primary/excess programs and combine Side A (including standalone) with other management liability coverages. AIG crafts client‑specific solutions, including flexible domestic and multinational programs across 200+ jurisdictions; Bermuda placements are available for Side A or excess layers. (aig.com) | Customizable via tailored D&O programs (Side A, EPL, PTL, Crime, POSI), bespoke policy wordings, and structured multi-year/multi-line arrangements. Options include captive fronting, global aggregate limits, profit-sharing and automatic extensions; underwriting considers each risk on its own merits. (commercial.allianz.com) | Customizable via a broad suite of endorsements to tailor D&O coverage; options include Global Program Solution and Side A PLUS, plus a Preferred Securities Panel endorsement reducing securities-claim retention by 25% (to $500k). (chubb.com) Chubb also offers modular policies (e.g., Customarq, ForeFront) with configurable coverage parts and limits. (chubb.com) | Offers creative, flexible policy solutions with easy-to-read wordings. (bhspecialty.com) Designs tailored, compliant multinational programs and collaborates pre-bind to customize a Global Claims Plan. (bhspecialty.com) Executive First D&O features policyholder‑friendly conditions, including full choice of defense counsel, reflecting customizable coverage intent. (bhspecialty.com) | Travelers offers customized surety solutions: bonds are uniquely tailored to each obligation; construction underwriters deliver customized products and tailored programs; the EDR Performance Bond provides an optional advance payment rider and can include liquidated damages and warranties as specified in the contract. (travelers.com) |
| Claims Handling Efficiency | AIG’s Financial Lines claims use dedicated engagement teams and specialized adjusters, supported by IntelliRisk RMIS for data-driven efficiency. AIG paid $9.3B in North America claims in 2023 and operates 150+ claims offices across 45+ countries, enabling coordinated, timely resolutions for complex multinational D&O claims. (aig.com) | Solution‑oriented claims with a “no surprises” culture focused on speed, clarity, and timely updates via a customer portal; handled by dedicated specialists averaging 10+ years’ experience. AI tools (e.g., Neptune) automate FNOL assignment and provide real-time KPIs to accelerate processing and settlements. (commercial.allianz.com) | Dedicated Financial Lines/D&O claims specialists offer a single point of contact and proactive strategies to reach early resolution, delivering “positive, prompt and efficient” outcomes, supported by a global expert network. (chubb.com) 24/7 reporting with dedicated Financial Lines channels (including direct email) expedites intake and handling. (chubb.com) | BHSI’s U.S. Claims Excellence standards promise claim acknowledgment and a dedicated contact within one business day, plus responses to inquiries within one business day. (bhspecialty.com) Reporting is multi-channel (email, phone, mail) with a 24-hour toll-free number and preferred counsel lists. (bhspecialty.com) | EDR Performance Bond streamlines claims: expedited processing with dispute resolution within 45 days and direct access to a project‑dedicated Claim professional. (travelers.com) Contract surety offers accelerated surety response as fast as 30 days. (travelers.com) Travelers provides 24/7 claim reporting/support for surety bonds. (travelers.com) |
| Global Program Capabilities | Global network delivering seamless multinational D&O programs with local coverage in 200+ countries/jurisdictions, supported by 500+ dedicated Multinational professionals and assigned Multinational Client Executives; tools include the myAIG Client Portal for program management. (aig.com) | Manages 4, 000+ global programs; centrally coordinated master programs with locally admitted policies across 200+ countries/territories (70+ own entities). Offers DIC/DIL, EU/EEA Freedom of Services cover, captive fronting, and dedicated program managers with compliance-focused, coordinated claims handling and data transparency. (commercial.allianz.com) | Global network with owned operations in 54 countries covering 200+ territories; delivers Controlled Master Programs pairing a U.S. master with local admitted policies (International Advantage, Customarq Global); managed via Worldview for real-time policy issuance, claims, premium tracking, and Multinational Research Tool, supporting consistent, compliant global program administration. (chubb.com) | Delivers multinational programs in 178+ countries via owned offices and partners. Dedicated multinational claims team builds Global Claims Plans and coordinates local/global handling. Thousands of programs placed; local policies in 112+ countries; program statements, global claims contacts, and ongoing communication; backed by a top-rated balance sheet. (bhspecialty.com) | International surety network with offices in North America, Latin America and Europe; presence in Canada, Brazil, Colombia and the UK. Capable of issuing commercial and contract surety in 65+ countries worldwide (including Africa, Asia, Australia, Europe), with local filing expertise and support for multinational clients. (travelers.com) |
Executive Liability
American International Group (AIG)Company Information
Description
For more than 150 years, Great American Insurance Group has been trusted to protect what matters most to their customers by offering specialized coverages tailored to meet unique business needs.
What They Do
Provides specialty insurance solutions tailored to various industries.
Who They Serve
Businesses of all sizes across multiple sectors.
Key Value Propositions
Target Customers
Industries Served
Contact Information
Key Pages
Summary
AIG’s primary Directors & Officers liability policy for public companies protects executives and entities from securities and governance-related claims. It features enhanced insuring clauses, crisis loss cover, and is supported by dedicated underwriting and claims teams with multinational program capabilities.
Key Features
- Directors and Officers Liability
- Employment Practices Liability
- Fiduciary Liability
- Specialized products for private, public, nonprofit, and financial institutions
- A-Side DIC Protection
- Agent portal for account management, loss runs, billing, and claims information
- Online quoting for select coverages
Key Benefits
- Protection for organizational leadership and entities against claims and lawsuits
- Coverage for wrongful acts in company management
- Protection against employee lawsuits (e.g., wrongful termination, harassment, discrimination, retaliation)
- Coverage for fiduciaries administering employee benefit plans
- Industry-leading expertise and service
- Comprehensive risk management and claims resolution support
Who Is It For
- Publicly traded companies
- Private companies
- Financial institutions
- Asset managers
- Nonprofit organizations
- Directors, officers, and managers
- Community associations (for nonprofit D&O)
Executive Liability
Our Executive Liability team is committed to serving you with industry-leading expertise and quality management liability insurance products. Learn more about our comprehensive solutions for publicly traded, private companies, financial institutions, asset managers and nonprofit organizations.
Management Liability Insurance
Management liability insurance is designed to protect directors, officers, managers, and business entities from various risks associated with running and managing an organization. Our management liability solutions protect the organizations we serve and their stakeholders against the risks that could jeopardize their financial stability and reputation.
- Directors and Officers Liability: Protects an organization’s leadership from claims arising from wrongful acts in managing a company
- Employment Practices Liability: Protects against potential employee lawsuits, including allegations of wrongful termination, harassment, discrimination, retaliation and more
- Fiduciary Liability: Protects those who administer employee benefit plans and can be held personally liable for actual or alleged breach of their fiduciary duties
Experienced Team. Exceptional Service. Expert Management Liability Protection
In addition to industry-leading coverage, our included services and staff of insurance professionals, who are experts in underwriting, technology, risk management and claims resolution, truly distinguish us among the industry. Our Executive Liability team is dedicated to service excellence, technical expertise and the responsiveness needed to provide comprehensive risk management.
Management Liability Insurance Claims Library
Take a look at some recent claim examples to learn more about how we help protect organizations and their stakeholders.
Get a Quote
Quote Nonprofit D&O/EPL, Quote Standalone EPL (U.S. Only), Submit Private Management Liability Coverages - D&O, EPL and/or Fiduciary (U.S. Only), Track and manage your accounts, Access loss runs.
- Quote Nonprofit D&O/EPL
- Quote Standalone EPL (U.S. Only)
- Submit Private Management Liability Coverages - D&O, EPL and/or Fiduciary (U.S. Only)
- Track and manage your accounts
- Access loss runs
Agent Portal
View Account Information, Retrieve Loss Runs & Reports, Billing & Claims Information.
- View Account Information
- Retrieve Loss Runs & Reports
- Billing & Claims Information
Products
Executive Liability offers a portfolio of management liability products for the United States and Canada, including For Profit Directors & Officers Liability, Nonprofit Directors & Officers Liability, Fiduciary Liability, Employment Practices Liability, and A-Side DIC Protection. Subproducts are available for private companies, public companies, financial institutions, asset management, private equity, and community associations.
- For Profit Directors & Officers Liability (Private Companies, Public Companies, Financial Institutions, Asset Management, A-Side DIC Protection)
- Nonprofit Directors & Officers Liability (Community Associations)
- Fiduciary Liability
- Employment Practices Liability
- Directors & Officers Liability (Canada) (Private Companies, Public Companies, Financial Institutions, Private Equity, A-Side DIC Protection)
- Nonprofit Directors & Officers Liability (Canada)
- Employment Practices Liability (Canada)
More
Additional resources and services for Executive Liability customers, including services, claims reporting, and contact information.
- Services
- Report a Claim
- Contact Executive Liability
Resources
Supporting Resources
Detailed Comparison
Policy Customization
Claims Handling Efficiency
Global Program Capabilities
Business Insurance Solutions
Allianz CommercialCompany Information
Description
Allianz Commercial is your trusted partner for a wide range of tailored commercial and specialty insurance solutions designed to protect your business.
What They Do
Allianz Commercial provides tailored commercial and specialty insurance solutions and risk consulting services.
Who They Serve
Businesses of all sizes, from mid-sized businesses to the largest multinationals.
Key Value Propositions
Target Customers
Industries Served
Contact Information
Social Media
Navigation Links
Summary
Allianz Commercial offers a comprehensive D&O suite for corporate leaders, with options spanning Side A, EPL, PTL, Crime, and Public Offering of Securities Insurance (POSI). POSI helps address prospectus liability exposures during IPOs and follow-on offerings.
Key Features
- Customizable insurance and risk prevention solutions
- Coverage for traditional and alternative risks
- Specialized expertise for complex and emerging risks
- Multi-year, multi-line contracts for complex risk management
- Direct, empowered access to coordinated teams for sales, account management, and underwriting
- Support for global insurance programs and multinational needs
Key Benefits
- Comprehensive and specific insurance solutions for a wide range of industries and business sizes
- Global consistency with local expertise in over 200 countries and territories
- Market-leading capacity to handle the largest and most complex risks
- Financial strength and strong ratings
- Dedicated risk consulting services
- Strong claims management team
- Coverage for more than 21,000 local policies worldwide
- Single point of contact for global programs
- Commitment to sustainability and ESG integration
Who Is It For
- Small businesses
- Mid-sized businesses
- Large corporations
- Multinational companies
- Industry-specific sectors (e.g., construction, financial services, technology, media, telecommunications, entertainment, agriculture, transportation, wine and spirits, etc.)
Corporate and specialty business insurance solutions
Allianz Commercial is your trusted partner for a wide range of commercial and specialty insurance solutions tailored to your unique risks. Whatever your industry, whether you are a small business or a large corporation, we offer comprehensive and specific solutions to protect your business.
Solutions by product group
Allianz Commercial specializes in protecting businesses by covering the most important risks with comprehensive coverage. Our customized business insurance and risk prevention solutions ensure that your business is secure and prepared for the future.
- Aviation Insurance
- Construction Insurance
- Cyber Insurance
- Entertainment Insurance
- Financial Lines Insurance
- Liability Insurance
- Marine Insurance
- Natural Resources Insurance
- Property Insurance
- Sustainability Solutions
Further business insurance solutions by Allianz Commercial
In some markets we also offer the following commercial insurance solutions under the trade name Allianz Commercial.
- Agriculture Insurance
- Business Package
- Business Travel
- Casualty
- Commercial Accident
- Contractual Warranty
- Credit Insurance
- Crime Insurance
- Drone Insurance
- Equipment and Goods Insurance
- Fine Art Insurance
- Hole-In-One
- Legal & Tax Protection
- Livestock Insurance
- Motor and Fleet Insurance
- Packaged Products Insurance
- Surety
- Transportation
- Wine and Spirits Insurance
- Work Injury Compensation Insurance
Global Industry Solutions
We can support your industry with tailored solutions across Allianz. We guarantee consistent expertise, service and financial strength around the world — from stand-alone cover for a single risk to the largest multi-site international programs.
- Construction Industry: Tailored solutions for the global construction market.
- Financial and Professional Services: Solutions for cyber crime, credit risks, D&O exposures, and technological advancements.
- Technology, Media and Telecommunications: Adaptable solutions for the TMT sector.
Alternative Risk Transfer
Alternative Risk Transfer (ART) is used to describe all types of risk transfer and retention solutions that do not fit the traditional insurance model. Allianz Commercial develops innovative, customized insurance, reinsurance and other non-traditional risk management solutions for a broad range of corporate and financial clients worldwide.
- Multi-year, multi-line contracts
- Customized for complex risks
Allianz Trade: Trade credit insurance and surety bonds
Through our sister company Allianz Trade, we offer a comprehensive range of solutions for managing commercial credits between companies. Allianz Trade is the global leader in trade credit insurance and a recognized specialist in surety, debt collection, fraud insurance, structured trade credit and political risk.
Why choose Allianz Commercial as your partner?
At Allianz Commercial, we're a global powerhouse, that brings together the best for our customers — from mid-sized businesses to the largest multinationals.
- Market-leading capacity to handle the largest risks
- Financial strength and strong ratings
- Network in over 200 countries and territories
- Management of more than 4,000 global insurance programs
- 100+ years of technical expertise
- Dedicated risk consulting services
- Strong claims team
- Coverage for more than 21,000 local policies worldwide
- International and diverse teams
- Part of Allianz Group
- Commitment to sustainability and net-zero emissions by 2050
Key benefits for our brokers and clients
- Global consistency, local expertise
- Speed and clarity
- Direct, empowered access
- Comprehensive risk solutions
- Specialized expertise for complex risks
- Solutions for every size
Resources
Supporting Resources
Detailed Comparison
Policy Customization
Claims Handling Efficiency
Global Program Capabilities
ChubbCompany Information
Chubb is a global insurance company providing a range of insurance products for individuals, families, and businesses in the Benelux region. They offer various insurance solutions, including liability, property, cyber, and life sciences, as well as exclusive car insurance and masterpiece insurance for individuals.
Keywords
Description
At Chubb, we deliver excellence in all we do, being there when you need us most. We provide exceptional service to our customers and business partners—it's who we are.
What They Do
Chubb provides insurance solutions for individuals, families, and businesses, including property, auto, travel, and embedded insurance.
Who They Serve
Individuals, families, businesses, agents, and brokers.
Key Value Propositions
Target Customers
Industries Served
Contact Information
Key Pages
Summary
Chubb’s Primary D&O and Entity Securities Liability policy is designed for publicly traded companies, with modern, concise wording and robust endorsements. Features include interview cost coverage, extended reporting, global program solutions, and an optional preferred securities panel retention reduction.
Key Features
- Customizable insurance products (liability, cyber, property, accident & health, etc.)
- Industry-specific solutions across 30+ industry practices
- Risk engineering and consulting services
- Claims support and business income consultation
- Coverage for businesses of all sizes
- Global reach and multinational capabilities
Key Benefits
- Tailored insurance solutions for unique business needs
- Coverage for a wide range of industry-specific risks
- Access to risk specialists and nearly 500 in-house risk engineers
- World-class claims service with high satisfaction rates
- Financial strength and stability
- Strategic partnership and insights for large and multinational businesses
Who Is It For
- Small businesses (startups to established local businesses)
- Large and multinational businesses
- Businesses across 30+ specialized industries
- Companies seeking tailored risk solutions
Tailored business insurance solutions
Chubb has protected businesses of all sizes, their employees and their reputations against industry-specific risks for more than 200 years. Let our risk specialists work to find the right business insurance coverage for your unique needs.
Products, services, industry expertise
Chubb’s expertise spans 30 specialized Industry Practices. Working together, our underwriters, risk and claims professionals tailor industry-specific solutions for each of our clients.
- Explore by industry: 30+ specialized industry practices
- Explore by product: Liability, cyber, property, accident and health
- Explore our services: Risk engineering, claims support, income consultation
Insuring businesses of all sizes
Small businesses at every stage look to Chubb for robust protections, world-class claims service, industry-specific knowledge and coverage options that insure against risks as they grow. Large & multinational businesses rely on Chubb for strategic partnership, insights, premium products and services, stability, financial strength and insurance industry leadership.
- Small businesses: robust protections, claims service, industry knowledge
- Large & multinational businesses: strategic partnership, insights, premium products
Business insurance excellence by the numbers
#1 Commercial lines insurer in the U.S.; 200+ years of experience; $21B claims paid globally (2023); 92% overall claims satisfaction (clients with a paid claim across 2022-2023)
- #1 Commercial lines insurer in the U.S.
- 200+ years of experience
- $21B claims paid globally (2023)
- 92% overall claims satisfaction (2022-2023)
Unique risk solutions across industries
Chubb’s industry practice specializations continue to grow in response to rising business segments, ensuring that our capabilities and products align strategically to the evolving risks that matter most in your industry.
- 30+ industry practices
- Industry-specific risk solutions
Prepare and prevent with Chubb Risk Consulting
Chubb’s in-house network of nearly 500 risk engineers helps businesses anticipate and minimize costly exposures. The Chubb Risk Engineering Center offers services on fire protection, equipment breakdown, worker safety and more.
- Fire protection
- Equipment breakdown
- Worker safety
- Next generation risk management
Insights & expertise
Learn more about market conditions and risks that affect your industry, leverage tips and strategies for protecting your business and see Chubb’s expertise in action with white papers, articles, and success stories.
- Evolving risks for the middle market
- Insurance costs depend on 4 factors
- Navigating risks in cleanrooms
- Cold weather safety tips for employees
- 4 steps for creating a safer worksite
- When middle markets go multinational
Get a business insurance quote that fits your business
Whether your business is large or small, we’ll leverage our premium products and services to create a plan that protects your business, your employees and your reputation. Talk to Chubb today.
Resources
Supporting Resources
Detailed Comparison
Policy Customization
Claims Handling Efficiency
Global Program Capabilities
Claims Services
Berkshire Hathaway Specialty Insurance (BHSI)Company Information
Berkshire Hathaway Specialty Insurance is a global specialty insurance provider, offering a range of insurance products and services to customers worldwide. With a strong financial foundation and a proven track record of risk management, the company provides tailored solutions for businesses and individuals across various industries.
Keywords
Description
Berkshire Hathaway Specialty Insurance (BHSI) is a global insurance company that offers a broad range of insurance products and services across multiple lines, including specialty insurance for various industries.
What They Do
BHSI provides specialty insurance products and services to various markets globally.
Who They Serve
They serve a diverse range of industries, including healthcare, construction, and multinational companies.
Key Value Propositions
Target Customers
Industries Served
Contact Information
Key Pages
Navigation Links
Summary
BHSI’s Executive First D&O provides broad protection for public companies, including coverage for informal government investigations with no sublimits and costs tied to shareholder derivative demands. The policy offers full choice of defense counsel and policyholder-friendly conditions.
Key Features
- Global claims handling with regional specialization
- Multiple reporting channels: online, email, phone, mail
- Dedicated claims contacts for specific insurance lines
- Preferred counsel lists for certain products
- Downloadable claims excellence resources
Who Is It For
- BHSI policyholders
- Commercial clients
- Directors & Officers
- Employers (Stop Loss)
- Travel insurance customers
- Berxi policyholders
- Ocean Marine clients
Claims Reporting
Provides multiple methods and resources for reporting claims for different insurance lines, including preferred counsel lists, online portals, email, phone, and mail addresses.
- Commercial Public Directors & Officers Preferred Counsel contact list
- EPLI Preferred Counsel contact list
- Ocean Marine claims online reporting
- Employer Stop Loss claims reporting
- Travel claims reporting via website, email, phone, or mail
- Berxi claims reporting via email, phone, or mail
- General claims reporting via email, phone, or mail
BHSI Claims Contacts
Lists the heads of claims for various lines and regions, including contact information.
- Rob Romeo – Head of Claims, North America
- Jeff Murdock – Head of U.S. Property Claims
- George Marr – Head of Specialty Programs Claims
- Jeff Jubera – Head of Surety Claims
- Ariane Totzke – Head of Travel Claims
- Kathryn Ridenour – Head of Professional and Construction Claims
- Theresa Biedermann – Head of Executive & Professional Lines Claims
Download
Downloadable resources on claims excellence for general, marine, and travel claims.
- Claims Excellence
- Claims Excellence Marine
- Claims Excellence Travel
Resources
Supporting Resources
Detailed Comparison
Policy Customization
Claims Handling Efficiency
Global Program Capabilities
TravelersCompany Information
Travelers is a leading provider of insurance solutions, offering a wide range of personal and business insurance products to protect individuals, families, and businesses from various risks. With over 160 years of experience, Travelers is committed to helping its customers manage risks and achieve their goals.
Keywords
Description
Travelers provides a wide range of insurance products and services for individuals, families, and businesses, helping them manage risks and protect their assets.
What They Do
Travelers offers insurance products and services for personal and business needs, including auto, home, and commercial insurance.
Who They Serve
Individuals, families, and businesses across various industries.
Key Value Propositions
Target Customers
Industries Served
Contact Information
Navigation Links
Summary
Travelers’ D&O coverage addresses exposures faced by public companies, including securities litigation, regulatory actions, and misrepresentation claims. It is supported by public company-specific forms and claims infrastructure within Travelers Bond & Specialty Insurance.
Key Features
- Wide range of bond types (see bond_types)
- Specialized construction underwriters for contract surety
- Expedited Dispute Resolution (EDR) Performance Bond for streamlined claims
- Support for both commercial and contract surety needs
Key Benefits
- Tailored surety programs to meet unique needs
- Proven reliability and financial strength
- Flexible and innovative solutions for complex bonding requirements
- Streamlined claims handling with specialized bond options
Who Is It For
- Individuals seeking specific types of bonds
- Businesses with a variety of bonding requirements
- Small to multinational companies
- Industries such as construction, healthcare, utilities, and more
Travelers knows surety bonds
Whether you’re an individual seeking a particular type of bond or you run a business with a variety of bonding requirements, Travelers can offer a surety program tailored to your needs.
Surety bonds provided by Travelers
- Bid, Performance and Payment
- Construction Materials Supply
- Court Bonds – Judicial, Fiduciary and Probate
- Custom Bonds
- Depository Bonds
- ERISA Fidelity
- License and Permit
- Lost Instrument
- Miscellaneous
- Notary
- Public Official
- Release of Lien
- Utilities
Why Travelers?
Our reliability is proven. For more than 100 years, Travelers has been a leader in the surety industry. We consistently earn high marks for our financial strength and claims-paying ability.
Related products & solutions
- Commercial surety: Travelers can help both individuals and businesses – ranging from small to multinational companies – with their commercial surety needs.
- Contract surety: Our specialized construction underwriters have deep industry knowledge and an ability to provide flexible, innovative solutions.
Resources
- A Different Kind of Performance Bond: The Expedited Dispute Resolution (EDR) Performance Bond from Travelers takes a new streamlined approach to claims handling and resolution.
- What Is a Surety Bond? Travelers Insurance provides information and a video on how surety bonds work, their cost, and the different types.
Surety Bond Resources
- 4 Advantages of Surety Bonds for Healthcare Organizations
- 10 Surety Contract Terms Explained
- 5 Things to Look for in a Commercial Contract Surety Provider
- Understanding the Three Parties in a Surety Contract
Resources
Supporting Resources
Detailed Comparison
Policy Customization
Claims Handling Efficiency
Global Program Capabilities
Our Ranking Methodology
How we rank these offerings
We ranked these Public Offering Insurance Firms in USA using a weighted scoring formula: Policy Customization (35%), Global Program Capabilities (35%), Claims Handling Efficiency (30%). N/A values receive 0 points. Executive Liability (AIG) scored highest with 96 due to industry-best global reach, multi-layered policy customization, and specialized claims handling. Travelers had less global reach and public D&O-specific capabilities, capping its maximum score.
Ranking Criteria Weights:
Frequently Asked Questions
- What typical costs and pricing models exist for Public Offering Insurance Firms in the USA?
- Pricing for public offering insurance varies widely based on company size, industry, and coverage scope, with larger firms like AIG and Chubb offering comprehensive packages that may include coverage for crisis loss or interview costs. Pricing models often involve base premiums with optional endorsements that increase coverage limits, as seen in Chubb's global program solutions. Travelers ensures that their pricing accommodates public company-specific risks such as securities litigation, adapting their models to the unique challenge of each client. Collaboration with international underwriting teams, like those at AIG, allows for tailored, multinational cost structures.
- What are the key selection criteria for choosing a public offering insurance provider?
- When selecting a provider, consider the scope of coverage, particularly in multinational contexts which AIG excels at, offering programs with diverse jurisdictional competency. Evaluate the insurer's experience with complex claims, as BHSI's Executive First D&O demonstrates effective handling of informal investigations without sublimits. It's crucial to assess available policy endorsements and extensions, like Chubb's preferred securities panel retention reduction, which can offer substantial operational benefits. Additionally, assess the flexibility of defense counsel as offered by BHSI, ensuring alignment with corporate legal strategies.
- What industry standards and compliance considerations should be accounted for?
- Public companies must comply with stringent SEC regulations, and insurance policies must cater to these requirements, often needing enhancements such as those found in AIG's Directors & Officers liability policy. Policies should also be adaptable to the evolving landscape of regulatory challenges, with Allianz Commercial providing targeted products like EPL and POSI to hedge against specific liabilities during IPOs. Adopting policies with flexible insuring clauses, like AIG's, is critical for accommodating regulatory shifts. Monitoring compliance is facilitated by providers like Travelers, who offer claims infrastructure built upon industry norms.
- What are the primary implementation challenges and solutions in public offering insurance?
- One challenge is ensuring broad and reliable coverage across multiple jurisdictions, where insurers like AIG and Chubb's global program solutions play a significant role. Tailoring coverage to corporate structures and regulatory environments can be complex; however, dedicated support teams at Allianz help streamline the implementation of POSI and other D&O options. Resistance to cost increases can be mitigated through additional policy benefits, such as crisis loss cover by AIG or BHSI's choice of defense counsel. Integration of technology and claims processing infrastructure is another critical aspect where companies like Travelers excel, ensuring both efficiency and compliance.
- How can companies measure ROI and the value delivered by public offering insurance?
- ROI from public offering insurance can be assessed through cost avoidance in litigation and claims, particularly for securities and governance-related challenges. Policies from providers like AIG that include crisis loss management can proactively reduce costs associated with executive liabilities. Chubb's comprehensive reporting frameworks offer an extended period for claims, providing financial predictability post-IPO. The value is further enhanced by insurers' global presence and claim handling capabilities, as seen with Travelers, who help navigate securities litigation efficiently, ultimately preserving financial and reputational resources.
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