NEW YORK CITY—When given the choice of several insurance types to buy, it's important to check off a D&O policy, which will protect you and your company in many types of legal challenges.

Not sure what that is? Don't fret: AIG's Louis Lucullo, chief underwriting officer of financial lines, North America, explained it in an exclusive video at GlobeSt.com's offices.

“Exposures in D&O are changing,” Lucullo said. He discussed:

  • What this insurance is and why it should be purchased
  • Examples of situations in which this coverage is needed
  • How to procure a policy in overseas markets
  • The biggest threat to companies that makes this insurance vital
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