A Director’s and Officers’ Liability Insurance provides directors and officers unmatched coverage to organizations and their key personnel against third-party liabilities. If they commit mistakes or neglect important details, they might suffer a liability claim from third parties. When such a claim arises, the D&O policy provides much-needed financial security. Moreover, the D&O policy […]
Directors and Officers Liability Insurance
What are the criteria for selection of the best D&O insurance company?
A directors and officers (D&O) insurance policy company provides unmatched coverage to organizations and their key personnel against third-party liabilities. If the directors and officers of a company commit mistakes or neglect important details, they might suffer a liability claim from third parties. The third parties are likely to have suffered a financial loss due […]
Should I select a D&O insurer offering lower premium?
A directors and officers liability policy prove to be a valuable addition to an organization as well as to its key managerial personnel. In case the company’s directors and officers commit an error or omission, third-party liabilities are likely to arise. These liabilities are covered by a D&O insurance policy. A company’s profitability faces adverse […]
How to select the insurance company for D&O Policy?
A director’s and officers’ liability insurance coverage is a must for organizations to protect themselves against financial liabilities brought on by third parties. The policy protects the directors and officers of the company against legal liability suffered due to errors and omissions. Such liabilities can be financially large, and by providing the necessary coverage, a […]
Insurance companies providing D&O policy in India
At present, India has about 24 life insurance companies and 32 general insurance companies. On the one hand, the former offers life insurance plans that cover the risk of premature death. And there are other general insurance companies that offer policies that cover the different types of financial risks that individuals and companies face. So […]
Who is the right insurer to buy a Directors & Officers Liability Insurance Policy from?
A director’s and officers’ liability insurance policy covers the liability which a company and its employees face if, due to their actions, third parties suffer any loss. The aggrieved third parties can file a lawsuit against the company’s directors and officers or against the company itself for the financial injuries suffered. When that happens, the […]
How to choose the insurer for D&O Policy? – Infographic
There are many in India that offer directors’ and officers’ liability insurance. These companies offer various benefits under the policy and charge different premium rates. There are couple of factors to take into account when choosing an insurer for a Directors and Officers Liability policy (D&O): Financial stability: Financially stable insurance company will be able […]