Insurance for Directors and Officers
Regardless of your company’s size, the legal cost to defend a director or officer is substantial, as are the penalties that can be personally incurred. Due to the personal liability risk (not covered under a personal insurance policy) protecting the board members is particularly important. To help ensure your company’s wellbeing, a Directors’ & Officers’ policy is an integral part of a comprehensive risk management strategy.
Whether you’re a small non-profit society or a large public corporation, Foster Park Brokers Inc. will take the time necessary to understand your organization and design coverage to suit your needs. D&O coverage is ever changing and varies greatly between insurance companies; therefore it’s exceedingly important to work with a broker that specializes in this type of insurance. Foster Park Brokers Inc. is proud to provide the knowledgeable staff that can protect your organization and the talent in your boardroom.
Our products and services include:
- Financial Statement assessment
- Employment Practices Liability
- Defense Costs in Excess of Insurance Limits
- Fiduciary Liability
- Worldwide Coverage
- Experience with TSE, NYSE, NASDAQ traded Public Companies
- Workplace Violence