Ambridge’s Restructuring Directors & Managers Liability Insurance is designed to provide protection for the board and the management team of an organization that is in the process of restructuring or that is operating under bankruptcy protection.

Coverage highlights include:

• Advancement of defense costs;
• Coverage extended to spouses and domestic partners when named as co-defendants with an Insured; and
• Automatic conversion of policy to run-off for periods of up to six (6) years once the restructuring is completed or the company emerges from bankruptcy.