Directors and Officers Insurance
When the responsibilities of an organization fall on the shoulders of only a few people, it is important to protect them with directors and officers insurance from Highpoint Insurance Group.
The success of a company or organization always boils down to the talent and expertise of its directors and senior officers. Though a talented workforce is essential, without the proper guidance all that talent will be for naught. In the eyes of the public, and more importantly in the eyes of investors and shareholders, it is the directors and officers that bear the ultimate responsibility for success or failure.
Directors and officers insurance is another type of professional liability insurance that is specifically designed for the protection of the directors and officers of your business. In other words, it is a managerial errors and omissions policy. Although it is similar to errors and omissions insurance, D & O is not directly concerned with the products and services. D & O on the other hand, is concerned with the performances and duties of management.
Highpoint Insurance Group understands the concerns of corporate entities and their shareholders. Consequently, our directors and officers insurance can be tailored to address a number of concerns, among them:
- Wrongful Acts
- Lawsuit Damages
- Legal Fees
Directors and officers insurance often includes employment practices liability and fiduciary liability. Employment practices liability protects employers in cases and claims made by an employee or former employee. This type of coverage generally deals with discrimination and harassment suits. Fiduciary liability includes claims against a business when a monetary discrepancy or mishandling occurs. In these cases, the directors and officers of a company are often held accountable.
Contact us at your earliest convenience to discuss the details of our directors and officers insurance coverage.