A ‘Hammer Clause’ is an insurance policy provision which stipulates what happens when an insured does not consent to settle a claim, as recommended by their insurer. Learn more…
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.
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 …
Why is Side A coverage on a D&O policy so important to directors and officers?
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.
Explainer video: “EPLI: Discrimination, the most common peril resulting in claims” by the Insurance Training Center from ITC Education Inc.
What are your policy’s claims reporting requirements? ‘Claims made’? ‘Claims made and reported’? It’s important to understand the difference. Watch this video.
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…
VIDEO: An Extended Reporting Period, or ERP, is a finite window of time beyond the end of a claims-made policy during which the insured organization may report claims to the insurer. The ERP extension only …
Learn these MS Excel shortcuts and save time gleaning actionable insights from data like insurance renewal lists and new business reports. This video shows how they work.
A ‘Hammer Clause’ is an insurance policy provision which stipulates what happens when an insured does not consent to settle a claim, as recommended by their insurer. Learn more…
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.
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 …
Why is Side A coverage on a D&O policy so important to directors and officers? Read below and watch the video to learn about what some call an ‘insurance of last resort’. What is Side A coverage? Side A coverage, rather than side B or side C coverage refers to coverage for directors and officers …
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.
Explainer video: “EPLI: Discrimination, the most common peril resulting in claims” by the Insurance Training Center from ITC Education Inc.
What are your policy’s claims reporting requirements? ‘Claims made’? ‘Claims made and reported’? It’s important to understand the difference. Watch this video.
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…
VIDEO: An Extended Reporting Period, or ERP, is a finite window of time beyond the end of a claims-made policy during which the insured organization may report claims to the insurer. The ERP extension only …
Learn these MS Excel shortcuts and save time gleaning actionable insights from data like insurance renewal lists and new business reports. This video shows how they work.
