Managing Risk: An Organization's Responsibilities
In the event that a claim is asserted, ‘coverage denied’ are the two words a director never wants to hear in respect of his or her D&O insurance coverage. Yet with some regularity, carriers deny or challenge coverage at the worst of all possible times, when the director needs funding immediately to prepare to defend against a regulatory, civil or sometimes even criminal action or investigation relating to the performance of his or her duties as a corporate director.
This session will provide corporate secretaries and other governance professionals with a basic understanding of the structure of D&O insurance programs, policy wording and ‘good practices’ in dealing with D&O insurers.
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