Specialty Insurance Blog

D&O Insurance & M&A Claims

A surprisingly high percentage of mergers and acquisitions (M&A) are contested by shareholders, which involve Directors & Officers (D&O) Insurance claims. According to a recent analysis by Cornerstone Research (see here), 94% of deals valued in excess of $100 million during 2013 were challenged by shareholders, up from 93% in 2012. The analysis is based on a review of shareholder suits, typically class actions, filed by shareholders of public companies. According to the study, 612 suits were filed, with each deal averaging 5 suits. The study does not include statistics for contested M&A deals regarding private companies. eSpecialty Insurance is your specialty insurance expert. We have developed a streamlined marketplace to provide multiple proposals from a range of competitive insurers,... Read more →

Technology E&O, Products & Professional Liability Insurance – A Confluence of Coverage?

Technology is creating coverage challenges from the confluence of traditional E&O Insurance and products liability with technology related coverages such as Technology Insurance and Cyber Insurance. One example is the confluence of coverages in the medical device business. E&O Insurance and Products Liability insurance have been discrete insurance products underwritten by different underwriters. Rapid change in technology is driving change in the delineation between products liability and professional liability for medical devices. In some cases it is hard to draw the line between a medical product and a medical technology service, and for good reason. For some medical devices there should not be a line. This combination of exposures requires creative coverage solutions involving products liability and E&O Insurance, and... Read more →