Directors & Officers Insurance
Whether you are a non-profit organization, church, family-owned business, start-up with investors, or large, established entity with a publicly traded stock, insurance protection for your board members, officers, and executive team is a critical component of your organization’s insurance program. At American Heritage Insurance, we understand Directors and Offices Insurance and the coverage needed to keep your business and key decision makers protected.
Directors and Officers can be sued for a variety of reasons related to decisions they make and the duties they perform. Directors and Officers Insurance provides coverage for claims made related to breach of duty, fraud, lack of corporate governance, misrepresentation, misuse of assets or funds, and failure to comply with workplace law.
Our Directors and Officers Insurance program consists of the following:
- Side A – Provides coverage for claims made against Directors and Officers in circumstances where no protection or indemnity is provided by the organization, for example in the case of a bankruptcy or where the company is prohibited from indemnifying its Directors and Officers.
- Side B – Provides reimbursement to the organization for its indemnification obligations to its Directors and Officers and this section of the policy typically has a deductible applicable to the claim.
- Side C – Provides protection for the organization itself when both the organization and the Directors and Officers are named in an action and protects the entity’s assets from the costs of legal claims against it.
At American Heritage Insurance Group, we have the ability to build a comprehensive Directors and Officers Insurance program that focuses on the needs of your organization and risk profile with different deductible options and limits.
Let us take care of your Directors and Officers Insurance for you!
Protect What Matters Most
Contact us today and begin experiencing the difference of having American Heritage Insurance Group handle the directors & officers insurance needs for your business.