D&O Risk Calculator Could Be Handy For Brokers

The latest from Rokstone, who have a useful way to calculate your company D&O risk profile;

Rokstone, the International Speciality (Re)Insurance MGA and part of the Aventum Group, is providing brokers with open access to its one-of-a-kind Limits of Indemnity (LOI) Calculator.  The latest in its suite of D&O solutions designed to support brokers partners, this new tool crucially tackles the current issue of accurately assessing appropriate limits of indemnity for D&O clients.  It empowers informed decision making, and helps brokers navigate the complexities associated with placing D&O insurance.

Hard launched today following positive broker trials, the LOI calculator, has been made available to all brokers for free via its website, democratising access to practical guidance that addresses the challenges they face when assessing the parameters that determine the size of limit to purchase for commercial customers – including ownership status, size, territorial and sectoral exposures. It helps deliver tailored solutions that align precisely with individual business needs.

The tool was the brainchild of Jimmy Heaton, Rokstone’s Head of D&O.  He said: “We are thrilled to offer this open access resource to brokers. It aligns with our underwriting appetite and stands as a testament to our dedication to empowering informed decision-making.”

This is the latest step in Rokstone’s commitment to supporting its broker partners, and indeed the entire broking community, with resources that inspire confidence.  It will also soon release more places for its highly popular D&O Academy, providing brokers with a CPD approved curriculum covering the entire spectrum of D&O topics, as well as imperative training in the technical intricacies of policy coverage, financial analysis, and claims skills.

Rokstone is one of the world’s largest MGAs, with offices in the UK, Europe, USA, Asia, Africa and the Middle East. It is a leading specialist MGA serving the needs of international (re)insurance brokers in the specialty lines business.  It currently underwrites more than USD 1bn GWP in several specialty lines including Property, Power Generation, Marine, Aviation, Warranty, Credit & Surety Treaty, Agriculture, Construction & Engineering, A&H and Liability.