Wednesday, July 24, 2024

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GCP Exclusive: Meta’s captive ‘Laser DIC’ policy for Side A D&O

Janaize Markland, Meta
Nick Troxell, AGCS
Lauri Floresca, Woodruff Sawyer

In episode 77 of the Global Captive Podcast, supported by legacy specialists R&Q, we have an exclusive discussion with Meta and its insurance partners in which they explain its new and unique approach to insuring Side A D&O through its own Hawaii-domiciled captive.

Richard in joined by Janaize Markland, director of business risk and insurance at Meta, Lauri Floresca, a specialist D&O broker with Woodruff Sawyer, and Nick Troxell, manager of global captive fronting at Allianz Global Corporate & Specialty (AGCS), who discuss the context of the hard D&O market of the past three years, recent corporate law changes in Delaware that made the solution possible and the structure of the ‘Laser DIC’ Side A policy that has been deployed.

Read the associated article here.