D&O insurance policies offer liability cover for company managers to protect them from claims which may arise from the decisions and actions taken within the scope of their regular duties. There are a wide variety of D&O insurance products and options available, but one of the most valued by individual directors and officers is the Side […]
Articles Tagged: directors and officers liability insurance policy
What are the criteria for selection of the best D&O insurance company?
A directors and officers (D&O) insurance policy company provides unmatched coverage to organizations and their key personnel against third-party liabilities. If the directors and officers of a company commit mistakes or neglect important details, they might suffer a liability claim from third parties. The third parties are likely to have suffered a financial loss due […]
Should I select a D&O insurer offering lower premium?
A directors and officers liability policy prove to be a valuable addition to an organization as well as to its key managerial personnel. In case the company’s directors and officers commit an error or omission, third-party liabilities are likely to arise. These liabilities are covered by insurer of D&O insurance policy. A company’s profitability faces […]
Negotiating the best price for a D&O policy
A directors’ and officers’ (D&O) liability insurance policy takes care of the financial liabilities of an organization’s senior management. Such liabilities arise when mistakes or wrong decisions occur. These, in turn, could result in financial losses for third parties. If these individuals then make a legal claim to recover their losses, a D&O policy covers […]
How is the premium paid in D&O Policy?
Organizations need employees in top managerial positions to make executive decisions for the benefit of the company. These decisions help the company grow and become profitable and so organizations try and recruit the best talent. Employees, however senior and experienced they might be, might, however, make mistakes during the course of their employment. They might […]
How to File a D&O Insurance Claim
Directors and officers (D&O) insurance is a type of liability insurance that covers directors and officers for legal cases made against them. The policy covers the errors and omissions resulting from managerial decisions that can have adverse financial consequences. It also provides coverage for the legal fees and other costs the organization may have to […]