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How to Start / Which Countries
§The discussion starts with the location of subsidiaries: Japan, US, UK, France, Germany, Ireland (ROW?)
§Then the focus shifts to where non-admitted coverage is not permitted (+where there may be IPTs due as a separate issue)
§When considering D&O insurance, some look to their ability to indemnity their local execs
§Here: Japan, France, Germany and Ireland will be at issue