In today’s litigious business environment, D&O insurance cover is extremely important, where directors and officers can be held personally liable for decisions made on behalf of the company. It helps attract talent to leadership positions and provides financial safety net for those in critical roles within a company. This is useful in instances where unforeseen […]
Articles Tagged: d&O policy
How much is D&O insurance policy for a startup with a board of 3?
Startups in India frequently opt for a Director and Officer (D&O) insurance policy to protect themselves from liability associated with their critical business decisions. Startup companies use this type of insurance. It provides insurance for financial losses caused by Directors or Officers’ alleged wrongful acts in an organization. Startups’ D&O insurance covers legal costs when […]
Video- Right insurer for a Directors & Officers liability insurance policy
Which is the right insurance company to choose to buy your Directors & Officers Liability Insurance Policy? In this video, we will discuss the key factors that you should consider when choosing an insurer for your organization’s D&O insurance policy. Making the right choice is crucial to ensure comprehensive coverage and efficient claims handling. Stay […]
Video- Important features of Directors & Officers liability insurance
Important features of Directors & Officers liability insurance In today’s corporate world, it’s essential to have Directors and Officers liability insurance or D&O insurance. In this video, we’ll discuss the important features of a D&O policy and illustrate them with a real-life case study, so you can better understand how this coverage can benefit your […]
Video- Why do you need a Directors & Officers liability insurance?
Why do you need a Directors & Officers liability insurance? The management and administration of any organization depend heavily on its directors and officers. They are responsible for making executive decisions that impact the company’s growth and profitability. However, even the most competent officers can make mistakes, leading to third-party losses and potential lawsuits. To […]
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 […]
Why do I need a D&O policy?
The directors and officers are key players in the management and administration of any organization. These persons are at the helm of the company. They make executive decisions that impact the growth and profitability of the company. However, being human, the officers of the company often make mistakes while carrying out their duties. Such mistakes […]
What are the important features of D&O insurance?
The directors and officers of a company put in their best efforts to ensure the organization’s growth and profitability. However, if they make any errors when discharging their duties or if they are negligent, third parties might suffer a financial loss. If attributed the such financial loss to the actions of the directors and officers, […]
Need of Directors and Officers liability policy – Infographic
Directors and Officers (D&O) liability insurance is crucial in today’s corporate landscape. Directors & officers liability insurance protect directors and officers, in the event, that they get sued by employees, vendors, competitors, investors, customers, or third parties, for wrongful acts or omissions in managing a company. It protects directors and officers from legal actions brought against […]
The Most Significant Liabilities for a Company Director
Introduction– The Companies Act, 2013 (“The Act”) defines a director to mean a director appointed to the Board of a company. The Act consists of the concept of an ‘officer who is in default for the purposes of affixing liability. Liability applies on such person in respect of any contravention of the provisions of the […]