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Grande Prairie Directors & Officers Insurance

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Grande Prairie Directors & Officers Insurance

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How to Get Directors & Officers Insurance in Grande Prairie

D&O Insurance

If you serve on a board, committee, commission, task force or agency, you could be held personally liable for the outcomes of the group.

If the organization is sued, not only is the business is at risk but board members’ personal assets may be in jeopardy.

Providing directors and officers insurance protects the people who choose to lead your organization and will attract other high-quality members once they know they’re in good hands.

Risk Possibilities

  • Scenario 1: You’re a member of a non-profit board of directors. You collectively make a decision that your target audience disagrees with. In a legal case, your personal assets could be at risk.
  • Scenario 2: Your company acquires talent from another business and starts to promote a similar product. The business sues you for stealing their intellectual property rights.

Speak with one of our award-winning insurance brokers about how to provide personal coverage for the leaders in your organization.

Our staff is equipped with the knowledge and expertise to ensure you carry out your important contributions while maintaining the safety of your personal and professional assets.

What Coverage is Available?

Speak to one of our brokers about the following risks:

  • Variability with shareholder actions.
  • Decisions made by a group member that does not have authority.
  • Reporting material that have mistakes.
  • HR and employment issues.
  • Misrepresentation of a client or group.
  • Failure to comply with regulations or laws.
  • Inaccurate disclosure (e.g. profitability)

What is not covered?

  • Criminal acts, fraud, or non-compliance

Talk to one of our brokers today to discuss your business or voluntary efforts.