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Articles Tagged: D&O Insurance Policy
D&O policy renewal
At SecureNow, we offer quotes from different D&O insurance providers that give you time to renew your D&O policy.
What is the importance of having a Directors and Officers Liability policy in the wake of the Covid-19 pandemic?
Covid-19 is causing havoc both to human life and economic activity. In these times, a directors’ and officers’ liability insurance policy protects directors against many possible new and emergent risks. Covid-19 induced responsibilities for Directors & Officers 2020 has started on a threatening note with Coronavirus. As more and more countries have been hit by […]
Why Angel Investors should influence their funded start-ups to buy a D&O Liability Insurance Policy?
Angel investors want their start-ups to succeed and what better way to ensure success than by influencing start-ups to invest in a D&O Liability Insurance policy for their directors? Start-ups are gaining popularity in India with more and more millennials getting the desired funding for their business ideas. Angel investors, venture capitalists, investment companies, etc. […]
What should employer do to help protect board of directors?
5 Things You Should Be Doing To Help Protect Your Board Of Directors A group of individuals that are elected to represent shareholders is called the Board of Directors. A board’s responsibility is to establish policies for corporate management and to make decisions on major company-related issues. Every public company consists of a Board of Directors. Some […]
What is Employment Practices Liability Insurance and how does it work?
Legal expenses can burn a deep hole in an organization’s pockets. With the surge in the number of lawsuits filed by employees (current, previous, and potential) against companies, additional coverage is necessary to prevent cash outflows. Employment Practices Liability Insurance or EPLI provides coverage to companies against such employment-related claims. This includes claims made for: […]
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 […]
Here’s How You Can Protect Your Company’s Biggest Assets
An organization no matter how small or big runs well because of its employees but can grow mainly because of the critical decisions made by the senior managers and directors. Being at the top of the employment hierarchy, the directors are indeed its most significant assets. Depending on the key responsibilities they handle, they are […]
Do non-profit organizations need D&O liability insurance?
Manufacturers buy liability insurance to safeguard against the risk of legal action in case their products harm someone. Similarly, business owners purchase liability insurance to protect themselves from lawsuits owing to accidental harm caused to their employees. Similarly, directors on a company’s board or other senior officers, who shoulder significant responsibilities, also need protection. Any […]
Risks faced by directors and officers of an organisation
The Directors and Officers are vulnerable to various risks given the nature of their jobs. Insuring them against such risks is vital for the continued growth of the company.