By adding this solution, RSA is able to further solidify its market leadership in the Professional and Financial Risks (Profin) category by bolstering its current portfolio.

The introduction of the D&O product is a reaction to the increasing demand from businesses for senior management protection against legal risks and management-related conflicts.

There is an increasing need for insurance solutions that protect company executives from personal financial exposure as organizations confront more complicated risks in unpredictable economic times.

A vast array of personal and business insurance products and services are provided by RSA Insurance. Focusing on industries including property, casualty, motor, and marine, RSA offers customized insurance solutions to satisfy the changing requirements of companies both domestically and abroad.

The recently released D&O Protection package is intended only for firms with headquarters or domiciles in the UK, significant domestic and international corporations, privately held enterprises with revenues over £250 million, and publicly listed companies.

The insurance provides vital defense against court expenses and monetary damages for senior executives and managers who can be held personally accountable for managerial choices. Brokers and their clients can obtain it via RSA's Commercial Lines and Mid Market division.

The D&O product is an extension of RSA's previous endeavors to broaden its portfolio of financial risks. This comes after a revamp of its Management Liability product and the introduction of many additional products last year, such as the October launch of the Design and Construct Professional Indemnity product and the September launch of the Pension Trustee Liability product.

Our time is difficult and uncertain, according to Matt Houghton, head of financial risks at RSA Insurance. Every day, senior management makes decisions that may later come under scrutiny. Fundamentally, the purpose of a D&O insurance is to safeguard and assist these individuals, and with the introduction of this product, we can now provide coverage to those insureds who oversee the biggest businesses.

"It builds on the work we did last year in refreshing our product suite and demonstrates RSA's and our parent Intact's commitment to continual improvement and fulfilling our customers' needs," he continued. "I'm delighted to launch this new product."