Delaware’s “New” Statute Permits Captives in Lieu of Traditional D&O Insurance. What does this mean for you?
Mar 8, 2022
CAC Specialty was thrilled to have the opportunity to speak with Dan Bailey (Chair, Bailey Cavalieri LLC) Anne Hardner (EVP, Arch Insurance Group) and Brady Young (President and CEO, Strategic Risk Solutions) about Delaware’s new statute that permits Delaware companies to transfer certain non-indemnifiable D&O risks to captives. Together, the panel digs into the pros and cons of this ”new” D&O risk transfer mechanism and what the statute means for insureds going forward. Thanks to Dan, Anne and Brady for a lively discussion!