Module 9: Public/Financial D&O Liability Insurance (CE-Eligible)

This module is eligible for CE credit for those who have insurance licenses. If you don’t have a license or don’t need CE credit, please purchase the non-CE eligible module instead. Both CE- and non-CE eligible modules count equally towards PLUS designations and/or certificate programs.

If you select this CE-eligible module, you’ll be required to do all of the following to receive credit:

• Purchase both the CE-eligible module ($325) and the separate CE-eligible exam registration ($75)
• Complete the CE-eligible module online in our LMS
• Complete the cumulative CE-eligible exam in a proctored setting with Prometric within 365 days of purchase

Submit your CE Request Form within 5 days of completing the CE-eligible exam

Module 9 | Public/Financial D&O Liability Insurance
This module addresses issues related to D&O exposures and insurance for public entities and financial institutions in more depth than the D&O Introduction (C-08-DO) module. Important elements of the underwriting process, including financial statement analysis, critical company and industry factors, composition and operation of the Board of Directors, are reviewed. The module identifies D&O policy and coverage issues, such as Side A, B, and C coverages, other insuring agreements, key exclusions, clauses and conditions, and the importance of definitions. The use and features of Excess D&O (delineating the differences between primary and excess D&O), Side A Difference-In-Conditions (DIC) Coverage, and Independent Directors Liability policies are also described. Unique types of claims made against Financial Institution Directors and Officers and statutes that specifically govern Financial Institutions are reviewed. The module concludes with review of current and potential issues and trends involving D&O Liability and the underwriting cycle.

Copyright date: 2017
This module is under review as of October 2024. The updated module and its exam are expected to be available in 2025.

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