Management liability

We do not name the subsidiaries on the schedule, however majority owned subsidiaries are automatically covered under the policy definitions of ‘company’ and ‘subsidiary’, unless specifically excluded on your terms.

Yes. If the main insured is a holding company or parent company and you require cover for all subsidiaries, please complete our application forms on a consolidated basis.

Generally yes, wherever there is an any one claim amendatory clause listed under the endorsements.

Our minimum policy period is 6 months and our maximum policy period is 18 months. We are happy to offer policies on a pro-rated basis within these limits.

As per our definition #30. The prior and pending litigation date is the inception date, or if you have maintained uninterrupted insurance of the same type, the earliest date this insurance was first incepted with us or with another insurer.

Our policy provides full retroactive cover as standard, unless specifically amended by endorsement.

Please refer to our mergers and acquisitions condition (10) in the wording. If the newly created or acquired subsidiary meets this condition then they will be automatically included within cover from the date they became a subsidiary.

Yes, this will affect the policy. Refer to the mergers and acquisitions condition (10) in the wording. In the event of a ‘corporate takeover’ the policy will go into run off effective the transaction date. Cover will continue to apply only in respect of any act, error or omission committed or alleged to have been committed, or an event first occurring, prior to the effective date of the transaction.

You can access instant quotes for the UK, Ireland, and Australia on our Connect portal. The insured must comply with the schedule of information which attaches to the quote for terms to be valid. Please visit https://connect.cfcunderwriting.com/