D&O insurance is complex and there are traps lurking.  Strategies to manage the risks inherent in the application process — how to apply and how to negotiate.  Including the duty of disclosure, the consequences of non-disclosure and related concepts including:

• Material information that was not asked about in the application
• Modifying your answers to make them less absolute
• Severability and being held responsible for statements of others
• Recission
• Intent
• Warranty statements – new app, renewal app
• Many other issues