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, Risk Monitor 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 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.
Risk Monitor is a web based application that provides a near real-time ranking of a company's relative risk.
Risk Monitor uses quantitative tools to analyze millions of data points to identify patterns that have been
historical indicators of risk. It then ranks public companies based on their relative risk profile.
The risk profiles, generated in near real-time, summarized as percentile-based scores, are calculated by
tracking more than thirty data patterns that Glass Lewis has identified as predictive of risk to shareholder value.
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.