QBE North America, a unit of Sydney-based QBE Insurance Group Ltd., launched three new products for public and private commercial companies, financial institutions and non-profit organizations at the Risk and Insurance Management Society 2014 Annual Conference & Exhibition.

The three products are: the QBE excess liability insurance policy; the Executive, a Side A excess/difference in conditions policy; and the solution for public company directors and officers, a primary public directors and officers liability policy, the New York-based insurer said in a statement Tuesday.

“QBE is continuing to expand our Specialty Segment, moving into the primary space in the all-important commercial public D&O market, and having the capability to offer cover in all three facets of the public D&O market space,” Dennis Kearns, senior vice president, underwriting leader at QBE North America, said in the statement.

The excess policy offers the opportunity for an individual or organization to increase the amount of coverage for an existing policy program, and it follows the underlying policy’s terms, conditions and limitations without any additional caveats, according to the statement.

The executive policy gives specialized excess coverage for situations where the organization cannot indemnify, or fails to indemnify, a director or officer, and the underlying insurance fails to respond, according to the statement.

The solution for public company directors and officers policy consists of a nine-page primary policy, simple claim reporting requirements, insuring clauses with only six exclusions, two of which disappear after the first year of coverage, and no-hassle defense and settlement obligations, the insurer said.

“This policy expands the theme set with our Excess and Side A policies, offering valued insurance coverage in a concise, easy-to-read and direct policy construction, removing the reliance on legalese and outdated terms and conditions,” Mr. Kearns said in the statement.