Assessing director and officer liability risk at a public company has become harder as the theories used by plaintiffs have expanded and the accounting, legal arrangements, compensation structures and governance of public companies have become more complex.
Founded in 2003, Glass, Lewis & Co. helps insurers assess the potential for liability and lawsuits at the time of underwriting and can help monitor risk within an insurer's portfolio.
With our online tools -- including the Monitor, Forensic Research and Proxy Paper -- an underwriter or agent can get a complete risk profile of a company quickly, including financial statement, disclosure, corporate governance, legal and business risk. And additional assistance is a phone call away. Our team of analysts, most of whom have advanced degrees in accounting or law, can provide detailed assessments of risk, accurately and quickly.
The specific services used by our liability insurance clients include:
The Forensic Research Group provides analysis and insight into unrecognized business, legal, governance or financial statement risk at select public companies. Each week, Glass Lewis publishes an in-depth report on a company where notable, material risk has been identified. Glass Lewis has a of identifying serious risk for stakeholders in advance of general recognition of the risk.
The Monitor is a web-based tool that enables investors to monitor continuously public companies for signs of unusual risk. The Monitor alerts users when financial information or other company disclosures signal possible weakening of company performance or when other developments, such as litigation, selling by insiders, related-party transactions or compensation arrangements, could harm stakeholders or foretell larger problems to come.
Glass Lewis is the leading, independent provider of global corporate governance and proxy research. Proxy Paper features contextual, objective analysis of corporate governance issues and voting recommendations on all proposals contained in thousands of global proxies.