Look to the financial statement notes for 8 indicators of risk Underwriters glean valuable information
A D&O insurance policy consists of multiple insuring agreements, typically known as Side A, Side B, and Side C. The purpose of this article is to describe the value of D&O insurance by offering a description and claims example of each insuring agreement.
In this video we discuss indemnification and indemnifiable loss. In a D&O policy: Side B coverage or corporate reimbursement. Indemnification is about financial obligations; about reimbursing defence costs and damages.
In this video we discuss non-indemnifiable loss, a.k.a. Side A coverage. Non-indemnifiable loss refers to coverage for directors and officers that have not been indemnified by the organization. It could be that the company is …
In this video we discuss the Duty to Manage. Any judgement as to whether or not directors or officers have acted as they should is assessed by the legal system in light of their legal duties. Have they acted as they agreed to when …
When directors and officers breach their duties or fail to perform their functions, legal action can be brought against them by different parties. Understand what are the rules governing directors and officers and where potential liabilities may arise.
Financial statements provide valuable insight into an organization’s financial stability and expectations, management strength, and corporate governance, all of which are part of a company’s risk profile.
There are three tools available to directors and officers for protecting their personal liability. These tools fit together to become a comprehensive indemnity and insurance program. Understand how these tools work together and where D&O insurance fits into a larger indemnification program.
Look to the financial statement notes for 8 indicators of risk Underwriters glean valuable information from reviewing the financial statement notes that helps them to assess an organization’s overall risk profile. When you analyze a set of financial statements you learn a lot about the organization and its financial situation as of the date of …
A D&O insurance policy consists of multiple insuring agreements, typically known as Side A, Side B, and Side C. The purpose of this article is to describe the value of D&O insurance by offering a description and claims example of each insuring agreement.
In this video we discuss indemnification and indemnifiable loss. In a D&O policy: Side B coverage or corporate reimbursement. Indemnification is about financial obligations; about reimbursing defence costs and damages.
In this video we discuss non-indemnifiable loss, a.k.a. Side A coverage. Non-indemnifiable loss refers to coverage for directors and officers that have not been indemnified by the organization. It could be that the company is …
In this video we discuss the Duty to Manage. Any judgement as to whether or not directors or officers have acted as they should is assessed by the legal system in light of their legal duties. Have they acted as they agreed to when …
When directors and officers breach their duties or fail to perform their functions, legal action can be brought against them by different parties. Understand what are the rules governing directors and officers and where potential liabilities may arise.
Financial statements provide valuable insight into an organization’s financial stability and expectations, management strength, and corporate governance, all of which are part of a company’s risk profile.
There are three tools available to directors and officers for protecting their personal liability. These tools fit together to become a comprehensive indemnity and insurance program. Understand how these tools work together and where D&O insurance fits into a larger indemnification program.
