If a claims-made policy like a D&O insurance policy is not renewed, then claims that occur after the end of the last policy period go uncovered. Companies typically stop renewing their D&O insurance policy when they are acquired. A tail policy (also known as run-off) is an extension of a D&O insurance policy for a specified period past the normal expiration date. A tail policy would respond to future claims related to earlier activities.

At Woodruff Sawyer, we’ve been insuring innovation for over 100 years. Our mission is simple: to provide our clients with deep expertise, thoughtful counsel, and fierce advocacy. We protect your people and your assets by identifying and mitigating your risk and reducing your costs. Our combination of expertise, advocacy, stability, and service has earned us one of the highest client satisfaction rankings in our industry. It’s also the reason why thousands of companies choose us as their long-term partner.

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