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. What are wrongful employment practice claims? Past or present employees of a company can make wrongful employment claims. The […]
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.
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: […]
Features of a D&O liability insurance policy
A D&O liability insurance policy provides comprehensive coverage to a company’s directors and officers including defense cost, PR costs and more. If you are unsure about its benefits, read more here.