Risk Management solutions … so you can work on your business, not in it.
State and federal laws impose basic responsibilities on the Directors and Officers of public, private, and not-for-profit organizations.
These include the duties of governance, diligence, loyalty, and obedience. In addition, specific laws have been passed that further regulate the duties of Directors and Officers, including the Sarbanes-Oxley Act of 2002. This Act, although only applicable to public companies, establishes strict financial reporting and governance requirements.
Breaching these basic responsibilities can impose personal liability on Directors & Officers of both public and private companies.
Unlike some of the other professional liability polices, insurance policy wording and pricing vary significantly among those underwriters offering this protection. TDC Risk Management can work with your organization to review existing coverage or obtain new options for Director & Officers, employment practices, fiduciary and cyber liability coverage, as the environment changes rapidly.
Programs custom designed for:
- Privately Held Companies
- Non-Profit Companies
Management liability products
- Director & Officers Liability
- Employment Practices Liability
- Fiduciary Liability
- Kidnap, Ransom
- Workplace Violence
To view why you might need Directors & Officers (D&O) coverage, please view our Top 10 Reasons to Buy D&O Coverage.
For more information, contact Jerry Nelson.