Directors and officers insurance offers protection to the personal assets of directors and officers of the company from the legal claims arising out of wrongful practices, errors, and omissions that occurred while performing their managerial duties. D&O insurance is a type of insurance policy that protects individuals who serve on the board of directors or […]
Articles Tagged: directors’ and officers’ liability insurance
What are the advantages of having D&O policy over not having a policy?
Directors and officers of an organization get tasks for complex responsibilities of managing the organization and performing at its best level. However, during the job course, directors and officers might make mistakes that lead the business as well as its stakeholders toward a loss. For such losses faced by the business and other interested parties, […]
What are Side A, B, and C covers in a D&O policy?
Overview: Side A, B & C Covers in a D&O Policy Directors and Officers (D&O) Insurance protects executives and companies from financial losses due to claims alleging wrongful acts, breaches of fiduciary duty, or regulatory violations. D&O policies typically include three coverage layers: Side A: Direct protection for individual directors/officers when the company cannot or will […]
Keyman insurance provides financial security to a firm during volatility
Published in Mint on Nov 10 2016, Written by Abhishek Bondia I and four of my friends have got together to start a business. We have hired 15 more employees. I have read somewhere that a company should buy ‘keyman’ insurance. Can you please explain what this it and what are its benefits for a […]
What are the myths that may break employees’ morale?
It is crucial that all employers keep their employees happy and engaged at work. However, there are some myths that are believed, that can break employees’ morale. Read more here.
Policy evolution post-COVID-19
After COVID-19, insurance policies will no longer look the same. Asia Insurance Review spoke with SecureNow.in’s Kapil Mehta about how conventional insurance covers will be adapted to the new work environment. A new social ecosystem and work environment is emerging as society deals with the pandemic. Insurance, too, will be transformed. SecureNow.in co-founder Kapil Mehta […]
Features of a D&O liability insurance policy
A D&O liability insurance policy provides comprehensive coverage to a company’s directors and officers including defense cost, PR costs and more. If you are unsure about its benefits, read more here.