D&O Insurance

Sometimes there may not be a clear division of your personal and professional assets. How does this happen? A company’s officers and directors may not be properly covered on a board or committee.

Whether it’s being involved in a public corporation, private company, or non-profit – you or your board members could be at risk. As a result you could get sued. D&O insurance covers legal fees and other costs in a lawsuit.

 

 

Two Risk Scenarios

Some examples of risk

• Scenario 1: You sit on a board of a school and collectively make a decision that a group of parents disagree 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 potentially 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. It’s a good idea to speak with a specialized broker to get the insurance protection you need.

We’re equipped with the knowledge and expertise to ensure you can carry out your important contributions while maintaining the safety of your assets.

What Are Your Risks?

Speak to one of our brokers today about the following risks:

• Unforeseen shareholder mistakes
• A decision made by a member who has improper authority
• Erroneous material
• HR and employment issues
• Misrepresentation of a client or group
• Failure to comply with regulations or laws
• Inaccurate disclosure (such as profitability, for instance)

What is not covered?

• Criminal acts, fraud, or non-compliance

Talk to one of our brokers to discuss your business or voluntary efforts. We offer you the best coverage at great prices so you can continue to do what you do best on a daily basis.