Hudson‘s Side A DIC product, branded The Defender, is a U.S.-issued product that offers up to $15 million in limits. The carrier considers all public companies to be its market, but is seeing more and more interest from private companies and not-for-profits. Not for hedge funds, though.
In talking with Matt Deneen of Hudson, we noted that he is seeing an increasing interest in coverage on the part of private companies and not-for-profits. We have been saying that directors of even private companies, as well as large not-for-profits, ought to consider the additional protection of a Side A policy. Perhaps now they are.