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Category: Directors and Officers Insurance

Why Would You Need Directors and Officers Insurance

Why Would You Need Directors and Officers Insurance

When it comes to a business, no insurance coverage is too small or too superfluous. One insurance coverage that is important for any medium to large business is Directors and Officers insurance. While a policy that is this specific might not sound like the right investment here are some d&o claim examples that could very easily occur to any business, according to https://www.axisins.com. Information Leak One situation that can occur is that the company director leaks information regarding an exciting…

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Insurance for the Directors and Officers of a Private Company

Insurance for the Directors and Officers of a Private Company

No one wants to consider that their business decisions may result in losses for their company, but directors and officers of private companies take substantial risk every day, putting their livelihood at risk in order to further the business for which they work. They can obtain protection for themselves by purchasing an insurance policy for directors and officers for private companies, and rest easy knowing that they will be well-protected against legal action due to a miscalculation in a business…

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Benefits of Directors and Officers Insurance for Public Companies

Benefits of Directors and Officers Insurance for Public Companies

Insurance is a necessity that you hope not to have to use. Nonetheless, it can be quite helpful in liability issues, especially concerning directors and officers for public companies. In fact, there are a few key benefits of having this insurance in place. Protect Your Business Though directors and officers insurance indicates that it protects the faces of the company, its primary purpose in covering them is to protect the business as a whole. In most situations when they are…

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Three Reasons Private Companies Need Directors and Officers Insurance

Three Reasons Private Companies Need Directors and Officers Insurance

To decision-makers at many private companies, directors and officers insurance may seem like an unnecessary type of coverage. Many people believe that this insurance is primarily designed to protect large, publicly held companies. In reality, though, directors and officers for private companies is often an essential type of coverage, given the following risks. Significant Leadership Involvement The directors and officers of private companies often have substantial stakes in the company and perform a wide range of activities on its behalf….

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Ways Educators May Protect Against D&O Claims

Ways Educators May Protect Against D&O Claims

To operate successfully and remain competitive, private schools, colleges and universities have an interest in protecting their reputations and their finances. There are many types of exposures that may threaten both an educational institutions good name and its assets. Directors and Officers for Educators is coverage that helps to support schools, their faculties and other members by protecting against claims of error and omission. In addition, an organization may implement structure to discourage and prevent claims. Educate the Educators Proper…

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