Specialized Insurance

Specialized Insurance

 

Directors & Officers
Directors and Officers (D&O) Liability Insurance is designed to protect the assets of company directors and other individuals of a corporation against such claims. It reimburses (in part or in full) the costs resulting from law suits and judgments arising out of poor management decisions, employee dismissals, shareholder grievances, and other such acts committed in good faith. Criminal offenses are not covered under this insurance.

Credit
Policy bought to cover a credit risk. It may also take the form of a credit derivative.

Errors & Omissions
Insurance cover that protects professionals (such as accountants, architects, brokers, consultant, engineers, lawyers) against claims arising from their actual or perceived negligence, errors, and mistakes in the performance of service for others.

Key Man
Key Man Insurance is also called Key Person Insurance, or Key Executive Insurance. It is designed to protect a business in the event of the death or extended incapacity of an executive or key member of business specified on the policy.

Medical Malpractice
Medical Malpractice Insurance protects both professionals and establishments in the medical field from liability claims arising from medical malpractice and resulting injury or loss to patients or clients.

 

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