Can directors buy D&O policy for themselves? The role of directors The directors of an organisation make efforts towards the growth and development of the company. They are liable to the stakeholders, business vendors, suppliers, creditors, government, and even to the business. Normally, directors and managerial officers have to take important decisions for the organisation’s […]
A directors and officers liability insurance covers the board of directors as well as key managerial personnel i.e. the officers of a business organisation. These key personnel take important executive and managerial decisions for the firm. If they make any wrong decision or overlook an important aspect of management, they might unknowingly cause a financial […]
Organisations are under constant risk of lawsuits and third party claims if their key personnel commit any mistakes that cause a financial loss to third parties. Though the directors and officers of the organisation make decisions for the growth and development of the organisation, they might make mistakes which might incur lawsuits and hefty settlements. […]
Poor decisions or incorrect responses to events could prove financially crippling for a company’s employees, vendors, stakeholders, or other relevant third parties. If these individuals suffer due to decisions made by an organization’s directors or officers, they might file a lawsuit. Renewing the D&O liability insurance policy in a timely manner would avoid losses incurred […]
How do I buy a D&O policy? The top management of an organisation makes important executive policies and takes decisions to further the growth of the company. These policies, decisions and actions of the managerial employees of the organisation impact third parties like other employees; stakeholders like suppliers, creditors, investors; and even the government. For […]
Directors and officers liability insurance is the most crucial cover to protect your directors and officers from legal liabilities arising out of their duties. Buying directors and officers insurance is quick and hassle-free. Below infographic explains how you can buy directors and officers liability insurance online.
At SecureNow, we offer quotes from different D&O insurance providers that give you time to renew your D&O policy.