Directors & Officers Insurance in Iraq, Afghanistan and other high risk areas of the world
In recent years, much of the responsibility for lawsuits arising from decisions made within an organization has shifted to the individual. For this reason, it is critical as an employer to understand the risks associated with the decisions your employees, board members and officers make on behalf of your organization.
Your employees could be sued because of:
- Errors in judgment
- Negligent supervision of delegated responsibility
- Imprudent investment decisions
- Unauthorized payments (even if innocently made)
- Conflicts of interest
Our Directors & Officers Liability insurance is designed specifically to provide your directors, officers and board members with protection against personal liability claims that could be brought against them as a result of their work. In addition, this policy can be used as a recruitment tool, as many executives will not serve on a board without a Directors & Officers policy in place.
This policy features a broad definition of who is insured. It offers coverage for past, present, and future board members, directors, administrators, and staff for their actions in the course of their work. Coverage can be extended to cover contractors and volunteers for their assistance to the organization.
We can develop a policy based on the exact needs of your organization.