Aon | Financial Services Group
The Financial Services Group (FSG) at Aon is a dedicated management liability and insurance advisory practice specializing in directors’ and officers’ liability, fiduciary liability, employment practices liability, crime, kidnap, ransom and extortion, and multinational placements. Additionally, FSG works closely with Aon’s cyber solutions broking team to deliver seamless advice and insurance across key financial lines, including errors and omissions (E&O) liability.
FSG is a market leader in management liability insurance brokerage. Our accumulated experience from placing a high premium volume translates into a keen awareness of insurer capabilities and emerging international litigation issues. Our knowledge and experience give us unique insight into competitive pricing, coverage and the claims resolution process.
We address the complexities of traditional and emerging risk exposures for public, private, and nonprofit companies through tailored insurance solutions and services designed to protect management’s personal assets and a company’s balance sheet.
Uri Dallal, Managing Director, Distressed and Restructuring Practice Leader of the Financial Services Group at Aon, is speaking at the Professional Liability Underwriting Society (PLUS) Conference on December 5th in Las Vegas, Nevada. “Should You Take the Gamble? Betting on Distressed D&O Risks” will discuss the increased frequency of bankruptcy filings and the challenges associated with D&O claims against directors and officers of an insolvent company. View the PLUS program agenda here. (CE/CLE credits available)Register for the event
Mitigating Director Risk as Your Business Grows and Raises Capital
Directors face potential equity transaction liabilities throughout a company’s growth journey. Different types of transactions create different exposures and risks for directors. Learn about mitigating these costly risks.
Distressed & Restructuring Solutions
In distressed scenarios and particularly around bankruptcy filings, D&O coverage is a paramount consideration.
During the current heightened period of volatility, working with a D&O broker who has experience can help put the board of directors, corporate officers, and outside counsel at ease. It’s important to understand nuanced issues like creditors standing post filing, varied restructuring solutions, debtor in possession financing, and wind-down exposures.
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Financial Services Group in the Press
“That said, when you get to situations like this where the role is attracting litigation in the way that it’s typically reserved for the CFO and CEO, it’s not uncommon for people to question whether they are covered under the policies, and seek affirmative coverage,” Dallal said.
Uri Dallal, Managing Director, SEC cyber disclosure rules put CISO liability under the spotlight, September 5, 2023, Cybersecurity Dive