Bermuda Management Liability

Download Product Appetite

Solution focused (re)insurance, built on long term trading relationships and underpinned by technical expertise.

Cover

  • Directors & Officers Liability (Side ABC): provides defence costs and indemnity for directors and officers, and securities cover for the company, in respect of litigation, regulatory investigations and securities actions
  • Coverage includes damages, settlements and judgements, legal fees and expenses, regulatory investigations, derivative actions, securities claims, security holder demand costs and extradition proceedings
  • Side A Difference in Conditions (DIC): dedicated protection for directors and officers where the company is unable to indemnify, with minimal exclusions (typically limited to conduct)
  • Operates on an excess or drop-down basis where underlying limits are exhausted or where the primary policy does not respond, including scenarios such as coverage disputes, insurer insolvency or delayed payment
  • Employment Practices Liability, Pension Trustees Liability and Public Offering of Securities: protection against employment-related claims, trustee exposures and securities issuance risks
  • Crime: cover for losses arising from employee or third-party fraud and dishonesty

Risk Appetite

  • Commercial companies across diverse industry sectors, including publicly traded entities
  • Mid-market to large corporates
  • Offering Directors & Officers Liability, Employment Practices Liability, Pension Trustees Liability, Public Offering of Securities and Crime cover

Capacity

  • $25m Maximum limits

Territories

  • North America
  • Europe
  • UK
  • UAE
  • Australia
  • New Zealand
  • South America
  • South Africa
  • Asia

WHY STARR

  • Dedicated claims expertise
  • Coverage is available in all geographical locations
  • Experienced underwriters provide knowledge and ability on challenging accounts
  • “A” (Excellent) A.M. Best Rating

Our Team

Tristram Prior

Head of Professional Lines & Cyber, Bermuda

Bermuda Claims

bermudaclaims@starr.com

Our global strength in numbers

“A”

Rated “A” (Excellent) A.M. Best

$11.9 B

Gross Written Premium

*estimated as of 12/31/2024

$41.1 B

Total Assets

*estimated as of 12/31/2024

$12.9 B

Shareholders Equity

*estimated as of 12/31/2024

Starr Indemnity & Liability Company holds an A.M. Best financial strength rating of "A" (Excellent), Financial Size Category XV.

Starr & Reinsurance Limited holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.

Starr International Insurance (Singapore) Pte., Ltd. holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.

Starr Surplus Lines Insurance Company holds an A.M. Best financial strength rating of "A" (Excellent), Financial Size Category XV.

Starr International Insurance (Asia) Ltd. holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.

Starr Property & Casualty (China) Company, Limited holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.

Starr International (Europe) Limited holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.

Starr Specialty Insurance Company holds an A.M. Best financial strength rating of "A" (Excellent), financial size category of XV.

Starr Europe Insurance Limited holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.

Starr International Insurance (Switzerland) AG holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.

Starr Syndicate Limited at Lloyd's of London holds an A.M. Best financial strength rating of "A" (Excellent), Financial Size Category XV, and also holds a Standard & Poor's rating of "A+" (Strong) (Lloyd's of London market ratings).

AM Best has upgraded the Long-Term Issuer Credit Rating to a+ (Excellent) from a and affirmed the Financial Strength Rating of A (Excellent) of the insurance subsidiaries of Starr International Company, Inc. View the AM Best press announcement here.