Meet Grant E. McClory
CEO and President
Grant E. McClory is the CEO, and President of Thor Reinsurance Company Ltd., guiding the company with a strategic blend of expertise, innovation, and a deep understanding of global risk management. With over a decade of experience in the insurance industry, Grant has honed a keen ability to help organizations navigate the complexities of Directors' and Officers' Liability Insurance.
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A high achiever both academically and athletically, Grant earned a
bachelor’s degree in finance from the University of Colorado at Boulder.
Before his professional career, he excelled on the football field, playing
varsity for three years at Dana Hills High School, where he also served as
team captain and graduated as valedictorian—a testament to his
dedication, leadership, and ability to perform under pressure.
Directors' and Officers' Liability Insurance
What We Offer
We understand that the risks facing businesses today are more complex than ever. Our solutions are crafted with precision and designed to adapt to the specific needs of your organization, giving you peace of mind and enabling leadership to make bold decisions without fear of personal financial risk.
Understanding D&O Insurance
In today’s litigious environment, your company’s directors and officers are at risk of lawsuits that can lead to significant financial damage. D&O insurance offers personal liability protection to executives for wrongful acts, or alleged acts, committed in their roles as corporate leaders. Additionally, it provides balance sheet protection for the company, shielding it from the financial consequences of such claims.
The Strategic Value of D&O Coverage
D&O insurance is essential for attracting and retaining top management talent in a climate of increased oversight and risk. While it won’t prevent lawsuits, it serves as a vital part of corporate governance. It is particularly important for companies preparing for events like an IPO, as public companies face heightened risks from potential shareholder claims and increased regulatory scrutiny.
What’s Covered Under D&O Insurance?
D&O insurance covers a wide range of exposures related to wrongful acts or alleged errors made by directors, officers, or managers in their corporate roles. This includes claims for misstatements, breaches of duty, neglect, or omissions. The policy helps cover the costs associated with defending and settling lawsuits, particularly those filed by shareholders for failure to fulfill corporate responsibilities.
Broader Management Liability Solutions
Beyond D&O insurance, companies can explore other management liability offerings, such as:
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Employment Practices Liability Insurance
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Errors and Omissions Liability Insurance
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Fidelity and Crime Insurance
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Fiduciary Liability Insurance​
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These policies can provide further protection against a variety of corporate risks, ensuring comprehensive coverage for your leadership team and organization.
Types of Coverage
Three Key Areas of Coverage in Our D&O Insurance Policies
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Coverage for Individual's Personal Liability
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Company Reimbursement Coverage
03
Entity Coverage
Protects directors and officers against claims for wrongful acts when the company cannot provide indemnity.
​Reimburses the company for indemnifying directors or officers, up to the policy limit.
Covers public companies for securities law violations and private companies for non-securities claims, with certain exclusions.
Why Us?
Our Benefits
Tailored Solutions
We offer personalized insurance policies that are specifically designed to protect executives from evolving threats, ensuring that you have the right coverage at the right time.
Industry Expertise
With decades of combined experience in risk management and insurance, our team understands the unique challenges you face as a business leader.
Innovative Approach
At Thor Reinsurance, we use the latest data analytics and technology to create dynamic and proactive risk management strategies, keeping you one step ahead of emerging risks.
Global Reach
We serve clients worldwide, ensuring that businesses, both large and small, have access to the protection they need—no matter where they operate.
Contact
Feel free to reach out to us for any inquiries or to schedule a consultation. We are here to assist you.
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Grant McClory
​Cell: 949-556-5169
Email: grant@thorassurance.com