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Here’s How You Can Protect Your Company’s Biggest Assets

An organization no matter how small or big runs well because of its employees but can grow mainly because of the critical decisions made by the senior managers and directors. Being at the top of the employment hierarchy, the directors are indeed its most significant assets. Depending on the key responsibilities they handle, they are […]

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Do non-profit organizations need D&O liability insurance?

Manufacturers buy liability insurance to safeguard against the risk of legal action in case their products harm someone. Similarly, business owners purchase liability insurance to protect themselves from lawsuits owing to accidental harm caused to their employees. Similarly, directors on a company’s board or other senior officers, who shoulder significant responsibilities, also need protection. Any […]

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D&O and corporate indemnification

In general, the term indemnification refers to one party agreeing to or being required to cover the expenses that another party incurs. For corporates (usually corporations or companies with limited liabilities), this involves indemnifying directors and officers. This means a directors & officers liability policy provides indemnification that covers legal expenses, defense, and settlement amounts […]

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