Directors and officers (D&O) of a company are entrusted with significant responsibilities. They must act with diligence, loyalty, and obedience—ensuring they always work in the best interest of the company, put the company’s interests ahead of their own, and comply with all laws and regulations. Despite best efforts to hire capable individuals and provide thorough training, mistakes and oversights can still occur, potentially leading to significant financial and reputational consequences for your company. This is where directors and officers Insurance comes in.
Directors and officers insurance is an essential safeguard for any organization, helping protect both the company and its leadership from costly legal claims. Ferrari & Associates provides tailored D&O insurance solutions designed to meet the specific needs of your business. By partnering with our experienced brokers, you can ensure your directors and officers have the coverage they need to confidently lead the company.
A shareholder sues the directors of a Toronto-based technology start-up, alleging misrepresentation of the company’s financial health. D&O insurance covers the legal costs and eventual settlement, protecting the directors from personal financial loss.
*The information provided on this page is for information purposes only and should not be taken as insurance advice. For actual insurance advice, please fill out one of our forms, or call Ferrari & Associates at 1-888-467-8989
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