Duty to Defend
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…
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5 Things You Need to Understand When Buying EPLI
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.
How does D&O Liability Insurance work?
A D&O insurance policy consists of multiple insuring agreements, typically known as Side A, Side B, and Side C. This article explains the value of D&O insurance by offering a description and claims example of each insuring agreement.
D&O: Indemnification and D&O Insurance – Side B Coverage
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.
D&O Insurance: Importance of Side A Coverage
While it’s common practice for an organization to indemnify its directors and officers, doing so isn’t always possible. That’s where Side A coverage comes in.
Directors & Officers Insurance: Duty to Manage Explained
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 …
5 Ways Financial Statements Deliver D&O Risk insights
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.
3 Components of a D&O Insurance and Indemnity Program
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.
Business Interruption in a Cyber Policy
Business interruption in a Cyber insurance policy intends to cover the income loss after a business is impacted by a privacy or security breach.
Asking the Right Questions – Ransomware and Insurance Edition
We’ve all been in a position where we’re asked a question we can’t answer. This article focuses on how to answer the question, “does this policy cover ransomware” because while the question is simple, the answer is not.