Directors & Officers Liability (D&O) insures against liability for claims made by shareholders, customers, employees, competitors and regulators. D&O claims alleging that executives, board members and companies were negligent or reckless in preparing financial reports, dealing with employees, or violated various laws and regulations are increasingly common. The costs of defending and often settling these claims can severely impact the financial status of your company or organization.
At Tipping Point, we work closely with you to structure a D&O insurance program that meets your particular needs. We will analyze your risk profile and evaluate your susceptibility and vulnerability to D&O losses. This will assist you in determining the appropriate insurance limit and deductible to purchase.
Tipping Point University (TPU) will provide you with educational material and knowledge to strengthen your risk management program. Better governance and compliance procedures will reduce your risk profile and the cost of D&O insurance. It will also increase the likelihood that you will qualify for D&O insurance premium discounts from “A” rated insurance companies.