• D & O Insurance

    What Is D&O Insurance Coverage?

    D&O insurance, better known as directors and officers insurance, is a type of liability protection that specifically covers a company’s directors and executives. It also protects the company and can cover legal fees, settlements and damages. If the directors or officers are personally placed on a lawsuit, this policy will cover them. Who Needs D&O […]

  • Understanding D&O Insurance Exclusions

    Understanding D&O Insurance Exclusions

    Like the officers and directors of for-profit companies, the officers and directors of non-profit organizations have fiduciary responsibilities. This means that non-profit board members may be required to defend themselves against claims of wrongful or tortious conduct, and may also face substantial liability exposure. D&O insurance in New York City can certainly limit the risk for […]

  • D&O Insurance 101

    Breaking Down D&O Insurance [INFOGRAPHIC]

    Most non-profit companies have general liability insurance, but many don’t know that this kind of insurance still leaves them vulnerable. Without directors’ and officers’ liability insurance, or D&O insurance, company directors and officers can be personally sued and held liable in lawsuits against the non-profit. There is a long list of reasons why directors and […]

  • Rising Claims for Non-Profit D&O Coverage

    The board of a nonprofit faces the same risk of personal financial loss as the directors and officers of privately-held corporations. Financial-based claims can come from many different claimants, and it’s not unusual to see seven-figure losses resulting from such claims made against directors and officers of corporations and nonprofits. Although this video was intended […]

  • Back To Basics

    Understanding the Basics of Directors and Officers Liability Insurance

    Most nonprofits understand the value and importance of general liability insurance, especially given the litigious nature of our country. Unfortunately, the same can’t always be said about Directors and Officers (D&O) insurance. The men and women who run nonprofit organizations are just as likely to face litigation as board members of for-profit corporations, but very […]

  • Insuring Directors And Officers

    Should Your Nonprofit Insure Your Directors and Officers?

    While some people believe that nonprofit organizations are exempt from lawsuits due to charitable immunity, the reality is that nonprofit insurance in New York City is very important for both the organization and its directors and officers. Although D&O insurance may not be necessary in every case, it can be a very important element in […]

  • Important Questions to Ask When Selecting a D&O Insurance Policy

    Important Questions to Ask When Selecting a D&O Insurance Policy

    Non-profit organizations do a lot of good for a lot of people, but that doesn’t mean can’t be sued or held financially responsible for loss or personal injury. For the men and women who oversee these organizations, directors and officers insurance (D&O) provides protection against litigation and personal financial ruin. D&O insurance policies in New […]

  • What Kind of Cases Can D&O Insurance Protect Against?

    Property insurance can protect your nonprofit organization should you experience a fire flood, or another natural disaster. General liability insurance is key if volunteer trips and suffers a fracture at your offices. D&O insurance may prove invaluable for a wider range of unanticipated events, such as the following scenarios. If you do not currently have directors […]

  • Insurance Needs of a Nonprofit?

    What Are the Insurance Needs of a Nonprofit?

    Nonprofit insurance in New York City can be very similar to the liability insurance necessary for a commercial enterprise. Like a major corporation, nonprofits typically have physical locations and employees. Because buildings can suffer damage, and employees can get hurt on the job, nonprofit insurance companies often recommend both property insurance and workers compensation insurance. […]

  • How to Inspire Your Nonprofit Board

    A successful nonprofit organization depends on many components, including its board of directors and D&O liability insurance . This video discusses how to get the most from your board members to elevate your nonprofit organization. An effective nonprofit board is one that feels empowered and encouraged to apply their know-how and skill toward strengthening the […]