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Travelers has announced the addition of Broad Form Plus+ to its portfolio of directors and officers (“D&O”) coverages. The company said that this would serve as a way to protect against concerns above and beyond corporate liabilities.

“Directors and officers may be putting personal assets at risk with every decision they make,” said Jeffrey P. Klenk, the senior vice president for Travelers bond and financial products. “Our new Broad Form Plus+ coverage extends protection beyond traditional ABC D&O policies by offering difference in conditions coverage for nonindemnifiable risks.”

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