What type of insurance coverage do you need?

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Directors & Officers Insurance is important coverage that should be obtained from an insurer that has experience in the area. Carriage Trade can help you address the complex legal and risk management issues associated with your Board of Directors. D & O Insurance covers an individual for claims made against them while serving on a Board of Directors. Here are the three "sides" to D & O insurance coverage that can help to protect your Board of Directors.

 

Side A

This protects a nonprofit’s directors and officers when the organization cannot indemnify those individuals.

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Side B

This reimburses the organization when it indemnifies the directors and officers.

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Side C

Also known as "Entity Coverage", this eliminates expense allocation when both the individuals and the organizations are named in a lawsuit.

 

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Carriage Trade has the resources to access major D & O markets. We can provide you with thorough comparisons and ensure that the final terms and conditions of your coverage are best suited for your company and Board of Directors.

 

Contact Carriage Trade to learn how we can help to protect your Board of Directors. 

Directors & Officers Liability Information

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