Understanding just how far your ass is out there

							    You worked hard

But you
still face
risks…
   Picture your future…

or
perhaps you
are already
there…
          You worked hard
   Career CEO
    • 2 companies
    • 1 of which no longer exists - merger
   Thereafter served as Corporate
    Director
    • 5 companies over a period of time
    • 2 merged and no longer exist
    • 1 Bankrupt


         PROTECTING BUSINESS LEADERS FOR FIVE GENERATIONS
      Personal Risk Management
   You were diligent – to the nth degree

   By-laws indemnified you to teeth

   You had state of the art Directors &
    Officers (“D&O”) Liability Insurance in force

   Sometimes you even saw it


          PROTECTING BUSINESS LEADERS FOR FIVE GENERATIONS
      Welcome to the Good Life
   Townhouse in Toronto perhaps NYC
   Country Place North
   Naples pied-a-terre
   No kids at home (finally)

   Golf memberships at all required locations

   Personal Cash flow never an issue

   Not too bad

          PROTECTING BUSINESS LEADERS FOR FIVE GENERATIONS
      A couple of concepts
           for you…

Watch closely…
                   This is time




The Past                 Later                    The Future




           PROTECTING BUSINESS LEADERS FOR FIVE GENERATIONS
    Occurrence Based Insurance
 Policy that was in force at
this time pays – no matter       General Commercial Liability
  when claim is made in
           future                Products Liability
                                 generally work like this




          Incident                     Suit is
          Occurred                    brought
                                      – Claim
                                      is made




            PROTECTING BUSINESS LEADERS FOR FIVE GENERATIONS
   D&O - Claims made Insurance
                              Policy that IS in force at
                              this time pays – covers
Subject to retroactive date         past directors
 going back far enough!




          Incident                       Suit is
          Occurred                     brought
                                        - Claim
                                       is made




            PROTECTING BUSINESS LEADERS FOR FIVE GENERATIONS
             Change the timeline
D&O Claims Made Policy in force
                                   Insurance no longer in
                                  force or retroactive date
                                   does not go far enough
                                            back




  Incident            Event i.e. Asset      Suit is
  Occurred            sale, wind down     brought
                                           - Claim
                                          is made
                                          You are
                                         in Naples
             You were on the board here


             PROTECTING BUSINESS LEADERS FOR FIVE GENERATIONS
       Now what??

Unload some property?

     Give up some golf
       memberships?

    Live with your kids?!
We have solutions
    for you
   Preventative
  And, if needed
    Defensive
 PROTECTING BUSINESS LEADERS FOR FIVE GENERATIONS
 We specialize in limiting
 business leaders’ legal
       liabilities

Now and
in the
future…


   You should click here

      You should click here