Company leaders can be held personally liable for their decisions. Even private companies face public scrutiny, putting the personal assets of Directors and Officers potentially at risk with every decision made.
Read more about Directors & Officers (D&O) Insurance
Workplace relationships are complex, and employers have exposure in their daily interactions with current or former employees, unhired applicants, vendors, even the mail delivery person! Bottom line: exposures are growing, lawsuits are spiking, and most judgments are not in the employer's favor. Just one EPL claim could have a devastating effect on a company, especially a smaller firm.
Read more about Employment Practices Liability Insurance
The Employee Retirement Income Security Act of 1974 places the personal assets of fiduciaries are at risk, but ERISA violations are excluded by standard D&O policies. Suits against fiduciaries can be brought for allegations including improper advice or disclosure, imprudent investments, conflicts of interest, negligence in plan administration, or lack of investment diversity; making it critical for fiduciaries to protect their personal assets.
Read more about Fiduciary Liability Insurance
Most employers trust their employees, but many have exposure to crimes like embezzlement, fraud, forgeries, robbery, burglary, or modern technological frauds used to steal money, credit card numbers, or even intellectual property. Crime-related claims are rising, and independent studies reveal alarming employee theft statistics, making protection of company assets a top priority.
Read more about Crime Insurance
Most companies don't think Kidnap & Ransom coverage is necessary, but too often it proves its value, internationally and at home. A single extortion threat could financially ruin a company, making coverage to meet the costs of a successful negotiation and recovery invaluable.
Read more about Kidnap & Ransom Insurance
For more information, call 1-800-828-3452 and ask for Christopher Boylan
Small to midsized businesses