CUO definition
Examples of CUO in a sentence
Any other coverage that requires a reinstatement of the limit requires CUO prior approval.
Extended Reporting Policies can be written up to a total of 72 months and Extended Reporting Periods greater than 72 months are to be referred to CUO of BSU.
Under no circumstances should an excess policy be issued prior to receipt and review of the Underlying policy(ies)er(s) without Division Head or CUO approval and Controlling Underlyer(s) Binder and applicable specimen forms and endorsements received.
For both IPO’s and SPAC’s the maximum capacity to be deployed is $5m and all transactions will be round tabled and will require PLD Manager and CUO approval.
Ø Any company that has an A- rating with negative outlook, needs to be approved by CUO.
This Agreement together with all exhibits referenced herein, constitutes the entire Agreement between you and CUO and supersedes all other proposals either oral or written between you and CUO on this subject.
All forms and endorsements, including manuscript forms, must be pre-approved by division manager and/or CUO, and BSU legal or outside counsel.
In the event you elect to utilize the bill payment service offered by CUO through the System, you must agree to the terms and conditions of CUO’s Bill Payment Agreement, a separate document that will be presented for your review and acceptance during the enrollment process under this Agreement.
All forms and endorsements, including manuscript forms must be pre-approved by division manager and/or CUO and, BSU legal or outside counsel.
Any request to write a policy as a reinsurance of our Insured’s captive insurance company requires the prior written approval of the PLD Manager and CUO prior to quotation.