Protect your management team
You’ve probably insured your company against property damage and bodily injury. But have you remembered to insure it against the potential economic loss if your management team were accused of any alleged or actual wrong-doing?
A company, and its directors and officers, can face both personal and corporate liabilities from shareholders, employees, competitors, creditors, regulators, customers and administrators. Even if a claim is completely baseless or without merit, it still takes time and money to defend.