“Our relationship with ACE Westchester allows us to provide our policyholders with long-term financial protection.” Steve Wilson, President, RDAUS
Retired Directors Assurance (RDA) was designed to fill the gap created when a director retires or resigns from a board. RDA provides a solution that traditional D&O policies and corporate indemnification do not provide.
"A new paradigm in personal protection of individual directors.”
“Provide retired or departed directors with long-term financial protection for the liabilities they incur as a result of their service as a corporate director.”
“Retired directors need an insurance policy that is broad in scope and tailored to specifically meet their individual needs."
" In the last several years there have been several cases where outside directors have settled claims out of their own pockets – Enron, WorldCom and Just for Feet. "
