Insured versus insured exclusion

{
  "id": "MLC-T-INS-001874",
  "term": "Insured versus insured exclusion",
  "field": "Insurance and risk management",
  "definition": "A standard exclusion in directors and officers liability policies that bars coverage for claims brought by one insured party against another insured party. This exclusion prevents coverage for disputes between a company and its directors or officers, or between different directors or officers. It is intended to prevent policies from becoming a mechanism for internal corporate disputes.",
  "subject": "Management Liability",
  "url": "https://mlchart.com/terminology/insurance/insured-versus-insured-exclusion/"
}