Being an expert has its rewards, but in todays litigious environment it also carries very tangible, and potentially costly, risks. Board members, officers and directors face liability insurance exposures that simply do not exist for other types of employees.
We help a broad spectrum of professional clients decipher the alphabet soup of available insurance coverages. From E&O to D&O to EPLI, Acacia Insurance will help you determine not only which types of insurance are applicable to your needs, but which insurance companies provide the most appropriate coverage.
D&O is designed to protect directors and officers from claims concerning managerial decisions with negative financial impact. For-profit, not-for-profit, privately held institutions and educational institutions may all benefit from this type of insurance.
Businesses that should consider D&O insurance
Claims against companies and their directors and officers are increasingly common. Consequently, any business, including private companies, public companies and financial institutions with a board of directors, should consider this important coverage.
If your business works with vendors or government entities, or has employees or customers, you may be vulnerable and have exposure that could lead to costly legal action.
Acacia Insurance has been helping to make the unexpected uneventful since 1988, and we look forward to the opportunity to work with you. Please contact us with questions and for additional information.