D&O policies provide liability protection when claims arise against the directors and officers of the company for both alleged and actual wrongful acts. The assets of the company, as well as personal assets of the directors and officers, are protected from costly litigation.
This policy helps protect company assets from employment lawsuits alleging discrimination, harassment, wrongful termination, and other employment related claims.
Since fiduciaries can be personally liable for any breach of their duties, anyone who is involved in administering or managing employee benefits plans should have fiduciary coverage.
Whether it’s a data breach, ransomware or social engineering, Cyber Liability is a threat to every company. Coverage includes providing security breach remediation, notification expenses and crisis management expense, along with credit monitoring.
Even the best controls fall short when a trusted employee engages in fraudulent activities. Crime coverage protects against a wide range of fraudulent activities, including employee theft and forgery, computer fraud, and funds transfer fraud.
