Capital Insurance Group: Helping You Navigate Risk with D&O Coverage

Directors and officers today have an extensive range of emerging and connected risk exposures to consider while also facing increased scrutiny. Investors, employees and regulators among others are closely looking at the decisions directors and officers make and the impact they have on the business. Cyber security, for example, has become a potential big risk for management, particularly if data breaches lead to big losses. Allegations of employment practices violations is another issue resulting in claims filed against management. Litigation in the face of a merger or acquisition (M&A) also continues to be a significant D&O exposure.

Directors & Officers (D&O) Liability insurance from Capital Insurance Group will help you address and transfer these risks, providing coverage for corporate and individual assets. Whether you own a public or private business or run a nonprofit, D&O Insurance is coverage you can’t go without in today’s highly litigious environment.

What to Look for In D&O Insurance?

D&O insurance is designed to provide coverage for defense costs and damages (awards and settlements) arising out of wrongful act allegations and lawsuits brought against an organization’s board of directors and/or officers. But D&O policies are not easy, off-the-shelf products so you need the experience Capital provides. We will evaluate your operations, structure and financial position along with your exposures in order to negotiate a suitable D&O liability insurance policy. Some of the important factors to review regarding D&O insurance include:

  • Do policy limits accurately reflect a company’s risk profile? We’ll review your firm’s financial strength and risk tolerance along with litigation trends carefully to determine the appropriate D&O policy limits, terms, and deductibles.
  • What exclusions are contained in the policy and are there remedies to fill in coverage gaps?
  • How broad is the definition of loss under a D&O policy and when is coverage triggered?
  • Is there coverage for each director (Side A), to reimburse the business (Side B) for its expenses to indemnify executives of wrong doing and for the organization itself (Side C) if named as defendant in a liability case?

D&O issues involve extremely complex matters and need the expertise our experience brings to properly protect you, your executives and organization.

We’re your trusted partner.

Our 35-year history of providing superior services and professionalism has established us as a leading agency in Southeast Michigan. Our “Crain’s Detroit Business” listing of “top agencies” is testimony to our commitment to you. We also give back to the communities we serve, contributing 1% of our revenue to a number of local charities. Capital Insurance Group has the experience, expertise and passion to help protect you against the exposures you face individually and professionally. We provide a broad portfolio of personal, business, and employee benefits solutions and would like the opportunity to show you how we can make difference in the way you see insurance. Give us a call at (248) 333-2500 to discuss your specific needs.