Glossary

Side C coverage is another term for what is known as the entity securities coverage section of a directors and officers liability policy.

Signaling capital refers to capital in excess of economic capital (the sum of operational and risk capital) to serve as a buffer for external stakeholders (e.g., indication of financial strength).

Significant deviation is a diversion from the course a traveling employee would naturally follow to further the employer's business.

Silica is silicon dioxide, in the form of tiny, airborne crystals, which occurs naturally in soil and is present as an ingredient in many man-made substances such as brick, concrete, and asphalt.

Silo factor refers to the fact that the management of an organization's risk typically is assigned to risk managers within departments.

The simple inflation rider is a long-term care insurance policy rider that increases the benefits provided by a fixed amount per year.

Simulation risk modeling method is a risk modeling method that requires a large number of computer-generated "trials" to approximate an answer.

Single-entry multiple company interface is a term describing a system that allows the user to enter and store data and communicate that data to multiple other companies.

A single-owner captive is a captive with a single shareholder.

Single entity coverage is one of three approaches used for condominium insurance coverage.