Employee dishonesty is a major problem for organizations. Crime committed by employees is complex because
The Insurance Training Center takes pride in delivering high quality courses on professional and management
Commercial crime insurance offers cover for companies to protect themselves against loss from damage, destruction
What does it mean when a policy is on a “pay on behalf of” or a “reimbursement” basis? ‘Pay on behalf of’ and ‘Reimbursement’ are two different approaches to paying the bills associated with a claim. Whichever way your insurance policy works, it helps to know and understand it before a claim happens.
Read this article before buying Technology Errors & Omissions Insurance. Taking time to understand Tech
Underwriters glean valuable information from reviewing the financial statement notes that helps them to assess an organization’s overall risk profile.
Duty to defend refers to the obligation to provide a legal defence for a claim made against the insured after that claim has been reported to the insurer. Read more…
Employment practices liability insurance, commonly known as EPLI, protects employers against claims for employment-related wrongdoings.
In this article, we review 5 key things to understand on your EPLI policy.
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.
Side B coverage in a D&O insurance policy is all about indemnification. It’s purpose is to financially protect the insured organization when it indemnifies its directors and officers for loss due to a claim. Indemnification is the action of indemnifying, of reimbursing or compensating, a party for loss suffered.
Employee dishonesty is a major problem for organizations. Crime committed by employees is complex because it is about human behavior. Fortunately, there are steps an organization can and should take to limit risk. Nevertheless, we cannot totally eliminate the risk because we need employees and we need to trust them to carry out their duties. …
5 Things You Should Know about Employee Dishonesty Read More »
The Insurance Training Center takes pride in delivering high quality courses on professional and management liability insurance and related topics. Our courses are designed by industry experts for insurance buyers and professionals. We cover topics from beginning to end and are an unbiased source of information with no other agenda than to provide reliable, practical, …
Commercial crime insurance offers cover for companies to protect themselves against loss from damage, destruction or disappearance of their own property as a direct result of crime. Here are some important things to note: Commercial crime insurance limits the negative financial impact of crime on the organization, it doesn’t prevent crime! Always read the entire …
What does it mean when a policy is on a “pay on behalf of” or a “reimbursement” basis? ‘Pay on behalf of’ and ‘Reimbursement’ are two different approaches to paying the bills associated with a claim. Whichever way your insurance policy works, it helps to know and understand it before a claim happens.
Read this article before buying Technology Errors & Omissions Insurance. Taking time to understand Tech E&O insurance before buying can make a big difference to the bottom-line of a Technology Start-up should the company get sued. Read this article to understand: the legal liabilities addressed by Tech E&O insurance examples of claims covered by a …
What Tech Start-ups need to know about Technology Errors & Omissions Insurance Read More »
Underwriters glean valuable information from reviewing the financial statement notes that helps them to assess an organization’s overall risk profile.
Duty to defend refers to the obligation to provide a legal defence for a claim made against the insured after that claim has been reported to the insurer. Read more…
Employment practices liability insurance, commonly known as EPLI, protects employers against claims for employment-related wrongdoings.
In this article, we review 5 key things to understand on your EPLI policy.
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.
Side B coverage in a D&O insurance policy is all about indemnification. It’s purpose is to financially protect the insured organization when it indemnifies its directors and officers for loss due to a claim. Indemnification is the action of indemnifying, of reimbursing or compensating, a party for loss suffered.
