Many privately held D&O clients have multiple companies whose ownership is common (sister companies rather than one parent and several subsidiaries).

A policy typically covers an identified company and its subsidiaries, defined as any entity in which the insured organization has a 50 percent ownership interest, or the right to appoint the subsidiary’s board or management. This would not include common ownership companies.

Those sister companies would need to be scheduled by endorsement in order to ensure coverage.  Too often the commonly controlled group of sister companies is not properly listed on the policy, causing claims denials. Another alternative is to explore a separate policy for these common ownership sister companies.



Cincinnati Intermediaries is an insurance wholesale broker focused exclusively on the placement of management and professional liability insurance.

We have sound expertise in Management Liability, E&O, D&O, Miscellaneous Professional, Cyber, Architects & Engineers, Financial Institutions, Lawyers and Non-Profits.

Headquartered in Cincinnati, OH, we operate nationwide and are able to assist retail insurance agents with placement of coverage nationally. Cincinnati Intermediaries represents the majority of the admitted and surplus lines insurance carriers that focus on professional liability insurance in the United States.