The directors’ & officers’ liability insurance (D&O) policy covers wrongful employment practice claims. This post attempts to provide a better understanding of what kind of claims can be made under the category of wrongful employment practices. Key Takeaways Broad Spectrum of Eligible Claimants: Employment Practice Liability Insurance (EPLI) extensions under D&O policies protect executives against […]
Directors and Officers Liability Insurance
D&O liability insurance – a claims-made policy
D&O liability insurance – a claims-made policy A directors’ & officers’ liability insurance is usually a claims-made policy. It indicates that the D&O liability insurance includes only the claims that occur and are reported while the policy is active. A claims-made policy is different from a claims-occurred policy. Because, in the latter, the policy that […]
Quick Guide to D&O Policy – Infographic
Directors and Management Officers in a corporate environment hold very responsible positions, not just from the corporate’s point of view but for external stakeholders, like investors, customers, the public at large, and the government. Any decision made by them has repercussions for everyone and carries a significant risk of generating an adverse result. Directors’ & […]
What are the myths that may break employees’ morale?
It is crucial that all employers keep their employees happy and engaged at work. However, there are some myths that are believed, that can break employees’ morale. Read more here.
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.
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. […]
How Does A Directors & Officers’ Liability Insurance Work?
How Does A Directors & Officers’ (D&O) Liability Insurance Work?
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: […]
What drives the cost of a D&O policy?
A Directors & Officers Liability Insurance Policy cover the legal cost faced by the directors and officers of an organization. The cost of a D&O policy protects them if they face a lawsuit because of any error committed by them. The policy also pays any settlements payable to third parties as compensation for the errors […]