Directors & Officers Insurance
In today’s litigious world, executives and boards of directors often find themselves faced with enormous personal risks related to their organizational involvement. Incurring that organizational responsibility often leads to personal losses, which makes it difficult to attract talented executives. Directors and officers insurance provides financial protection for the executives of a business or organization in the event that they are sued in conjunction with the performance of their duties.
Respondes to allegations including:
- Wrongful interference with a contract
- Consumer protection violation
- Failure to deliver services
- Mismanagement and breach of fiduciary duty
- Misrepresentation in sale the of part of all of your company
- Defense costs
- Coverage for joint ventures and subsidiaries
- And more
Provides coverage for:
- Executives, employees, and your company
- Members of advisory boards, boards of managers, or management committees
- Executives' and employees' spouses and domestic partners for such insured persons' wrongful acts
Clarke & Sampson can design and help implement a Directors & Officers policy by identifying your business’s corporate and personal exposures to liability.