Three Conversations You Need to Have About Business Insurance

Business Insurance Sussex New Jersey

You might like surprises, but most people try to avoid them when it comes to insurance. This is especially true of business insurance in Sussex, New Jersey. You need to protect your assets and stay on guard against the liabilities that can threaten your enterprise. Some people make the mistake of choosing a policy and forgetting about it, though. Rather […]

Read more

How to Reduce Risks With Staffing Insurance

staffing insurance

Every choice you make in life induces a risk. For example, if you tell your wife she looks beautiful, you run the risk that she thinks you’re buttering her up for something. If you don’t tell her she looks beautiful, you run the risk that she thinks you find her unattractive. Everything is a risk. Fortunately, when it comes to […]

Read more

Directors Insurance: Not Just for Corporate Leaders

Directors insurance can protect an organization’s leadership from legal claims related to things such as: Breach of Duty Mismanagement of Funds Actual and alleged mistakes Misleading statements Useful for Anyone in Leadership There’s a common misconception that this kind of insurance is only necessary for people who work in the corporate world. However, that’s far from the truth. Non-profit leaders […]

Read more

The Three Sides of Directors and Officers Insurance

Insurance policies that cover directors and officers for private companies typically offer protection against the risk of legal costs. While commonly referred to as a single D & O package, there are actually three distinct aspects to most of these plans. Side A This protects the private assets of the upper level managers and directors. Sometimes a company does not […]

Read more

D&O Insurance and Risk Management

In early 2000, the market for D&O insurance, also referred to as Directors and Officers insurance, contracted and insurers offered decreased coverage and increased premiums. Less than five years later, the market cycled, generating more possibilities to negotiate extended coverage and premiums for D&O policies. Insurer Longevity Premium rates should be considered a priority only after ensuring that the provider […]

Read more

Why Non Profits Need Dependable Directors and Officers Insurance

It’s a common misconception that non profit organizations don’t require directors and officers insurance. However, this couldn’t be further from the truth. High-ranking personnel in the non profit sector are just as vulnerable to litigation as in other types of business. For this reason, it’s essential for such entities to secure directors and officers for non profit companies insurance to […]

Read more

What is Directors and Officers Insurance?

What is Directors and Officers Insurance?

Directors and officers insurance is one of the most important type of insurance for a company to have, but it is also one of the least understood. Here’s a quick guide to how this type of insurance works and why it matters. Who Needs It? Directors and officers coverage is a type of liability insurance that protects the officers, executives, […]

Read more