{
  "id": "clause-extended-reporting-period-do",
  "type": "clause",
  "languages": {
    "en": {
      "id": "clause-extended-reporting-period-do",
      "lang": "en",
      "type": "clause",
      "title": "Extended Reporting Period Clause (D&O/E&O)",
      "shortDefinition": "The extended reporting period allows an insured under a claims-made policy to report claims for wrongful acts committed before policy termination even after the policy has expired or been cancelled, without reopening the covered period itself.",
      "synonyms": [
        "Tail Coverage",
        "ERP"
      ],
      "linesOfBusiness": [
        "D&O insurance",
        "Professional indemnity insurance"
      ],
      "jurisdictions": [
        "Global"
      ],
      "tags": [
        "D&O",
        "Claims-made",
        "Tail coverage"
      ],
      "relations": {
        "relatedTerms": [
          "clause-nachhaftung-nachmeldefrist"
        ],
        "partOf": [],
        "appliesTo": [
          "cov-do",
          "cov-epli"
        ],
        "regulatedBy": [],
        "relevantFor": [],
        "insurableVia": [],
        "mitigatedBy": [],
        "comprises": [],
        "alternativeTo": [],
        "complementedBy": []
      },
      "attribute": null,
      "profile": null,
      "coverageProfile": null,
      "clause": {
        "kind": "extension",
        "origin": "international-programme",
        "favours": "insured",
        "negotiability": "negotiable",
        "standardWordings": []
      },
      "legalBasis": [],
      "standards": [],
      "reviewStatus": "expert-reviewed",
      "reviewedBy": "Guido Hesse, Hesse Group Holding AG",
      "lastReviewed": "2026-09-04",
      "version": "0.1.0",
      "updated": "2026-09-03",
      "generated": {
        "by": "cursor-agent/claude-sonnet-5",
        "at": "2026-09-03T00:00:00.000Z"
      },
      "verified": [
        {
          "by": "human:ghesse",
          "at": "2026-09-04T00:00:00.000Z",
          "method": null
        }
      ],
      "staleAfter": null,
      "url": "https://hgh.ch/lexikon/en/knowledge/clause/extended-reporting-period-clause-do-eo/",
      "alternateUrl": "https://hgh.ch/lexikon/de/wissen/klausel/extended-reporting-period-do-eo/",
      "body": "## Purpose\n\nD&O and E&O policies are almost universally written on a claims-made basis: cover only applies if the claim is reported during the policy period. If the policy ends — through merger, insolvency, cancellation, or simply a change of carrier — this otherwise creates a gap for wrongful acts committed during the policy period but reported only afterwards. The extended reporting period closes that gap by extending the reporting window, not the period during which the wrongful act itself must have occurred.\n\n## Effect and limits\n\nThe market distinguishes between an automatically granted, free \"basic ERP\" (usually 30–60 days) and a paid \"supplemental ERP\" (one to several years, sometimes unlimited). The premium for a supplemental ERP typically runs between roughly 100% and 300% of the expiring annual premium, depending on duration and risk profile. Importantly, the ERP only covers wrongful acts committed before policy termination — new conduct after that date is never covered, and an exhausted aggregate limit under the original policy is likewise unavailable to the ERP.\n\n## Negotiation and practice\n\nPurchasing a supplemental ERP is usually only possible within a narrow window (often 30–90 days) after policy termination and should be actively considered in connection with M&A transactions, business wind-downs, or a change of carrier. Alternatively, on a carrier change, a \"full prior acts\" arrangement can be negotiated with the new insurer, achieving the same protective effect without a separate ERP premium."
    },
    "de": {
      "id": "clause-extended-reporting-period-do",
      "lang": "de",
      "type": "clause",
      "title": "Extended Reporting Period (D&O/E&O)",
      "shortDefinition": "Die Extended Reporting Period (Nachmeldefrist) erlaubt bei einer Claims-made-Police, Ansprüche für Pflichtverletzungen aus der Zeit vor Vertragsende auch nach Ablauf oder Kündigung der Police noch zu melden, ohne den Versicherungsschutz zeitlich neu zu begründen.",
      "synonyms": [
        "Tail Coverage",
        "ERP"
      ],
      "linesOfBusiness": [
        "D&O-Versicherung",
        "Berufshaftpflichtversicherung"
      ],
      "jurisdictions": [
        "Global"
      ],
      "tags": [
        "D&O",
        "Claims-made",
        "Nachmeldefrist"
      ],
      "relations": {
        "relatedTerms": [
          "clause-nachhaftung-nachmeldefrist"
        ],
        "partOf": [],
        "appliesTo": [
          "cov-do",
          "cov-epli"
        ],
        "regulatedBy": [],
        "relevantFor": [],
        "insurableVia": [],
        "mitigatedBy": [],
        "comprises": [],
        "alternativeTo": [],
        "complementedBy": []
      },
      "attribute": null,
      "profile": null,
      "coverageProfile": null,
      "clause": {
        "kind": "extension",
        "origin": "international-programme",
        "favours": "insured",
        "negotiability": "negotiable",
        "standardWordings": []
      },
      "legalBasis": [],
      "standards": [],
      "reviewStatus": "expert-reviewed",
      "reviewedBy": "Guido Hesse, Hesse Group Holding AG",
      "lastReviewed": "2026-09-04",
      "version": "0.1.0",
      "updated": "2026-09-03",
      "generated": {
        "by": "cursor-agent/claude-sonnet-5",
        "at": "2026-09-03T00:00:00.000Z"
      },
      "verified": [
        {
          "by": "human:ghesse",
          "at": "2026-09-04T00:00:00.000Z",
          "method": null
        }
      ],
      "staleAfter": null,
      "url": "https://hgh.ch/lexikon/de/wissen/klausel/extended-reporting-period-do-eo/",
      "alternateUrl": "https://hgh.ch/lexikon/en/knowledge/clause/extended-reporting-period-clause-do-eo/",
      "body": "## Zweck\n\nD&O- und E&O-Policen werden fast ausnahmslos auf Claims-made-Basis gezeichnet: Deckung besteht nur, wenn der Anspruch während der Laufzeit gemeldet wird. Endet die Police – durch Fusion, Insolvenz, Kündigung oder blossen Trägerwechsel –, entsteht sonst eine Lücke für Pflichtverletzungen, die zwar während der Laufzeit begangen wurden, deren Anspruch aber erst danach erhoben wird. Die Extended Reporting Period schliesst diese Lücke, indem sie die Meldefrist, nicht aber den gedeckten Zeitraum der Pflichtverletzung selbst, verlängert.\n\n## Wirkung und Grenzen\n\nMarktüblich wird zwischen einer automatisch und kostenlos gewährten «Basic ERP» (meist 30–60 Tage) und einer kostenpflichtigen «Supplemental ERP» (ein bis mehrere Jahre, teils unbegrenzt) unterschieden. Die Prämie für die Supplemental ERP liegt marktüblich zwischen rund 100% und 300% der letzten Jahresprämie, abhängig von Dauer und Risikoprofil. Wichtig: Die ERP deckt ausschliesslich Pflichtverletzungen, die vor Vertragsende begangen wurden – neue Handlungen nach Vertragsende sind nie erfasst, und ein ausgeschöpftes Aggregatlimit der Ursprungspolice steht auch der ERP nicht mehr zur Verfügung.\n\n## Verhandlung und Praxis\n\nDer Kauf einer Supplemental ERP ist meist nur innerhalb eines engen Zeitfensters (häufig 30–90 Tage) nach Vertragsende möglich und sollte insbesondere bei M&A-Transaktionen, Geschäftsaufgabe oder Trägerwechsel aktiv geprüft werden. Alternativ kann bei Trägerwechsel eine «Full Prior Acts»-Vereinbarung beim neuen Versicherer verhandelt werden, die dieselbe Schutzwirkung ohne separate ERP-Prämie erzielt."
    }
  }
}