rahn & associates provides directors & liability (d&o) coverage that protects your management team from being sued
Litigation is becoming a more frequent occurrence and Directors and Officers can be held liable for a variety of reasons, including:​
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Failure to comply with regulations or laws
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Pollution and other regulatory claims
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Employment practices and HR issues
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Theft of intellectual property
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Lack of corporate governance
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Shareholder suits over company or stock performance
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Breach of fiduciary duty resulting in financial loss/bankruptcy
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Misrepresentation of company assets
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Misuse of company funds
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Fraud
Directors and Officers (D&O) liability insurance protects corporate directors and officers, as well as their spouses and estates, from being personally liable in the event your company is sued by investors, employees, vendors, competitors, customers, or other parties, for actual or alleged wrongful acts in managing the company. In the event of litigation, your D&O insurance will cover legal fees, fines, settlements, and other expensive costs. Many officers and directors require a company to provide D&O insurance.
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If you are looking to secure venture capital or funding from investors, you need d&o coverage as a form of protection for investors. d&o coverage is also necessary and often required if you want to attract and retain qualified directors.
Are you finding it difficult to attract “best in class” outside directors because you can’t obtain excess limits?
Are you having trouble finding Directors and Officers Liability and Excess Limits up to $25M?
If you answer yes to any of the following questions:
Are you spending more than $1.5 million in insurance premiums a year?