Executive Protection This coverage will pay those sums that the Insured will become legally obligated to pay as damages and claims expenses for any actual or alleged act, error, or omission in the rendering of or failure to render professional services. Covered professions include: pastoral, educational, employed lawyers, accounting, notary public, and human resources.
Directors and Officers - D&O - This coverage will pay sums that the insured organization and the insured persons become legally obligated to pay for an error, misstatement, misleading statement, act, omission, neglect, or breach of duty committed, attempted, or allegedly committed.
Fiduciary Liability - This coverage is a component of the executive protection policy along with directors & officers, outside directorship liability and crime.
This coverage will pay sums that the Insured becomes legally obligated to pay with respect to any breach of the responsibilities, obligations, or duties arising out of benefit programs sponsored, operated, maintained, or administered by the sponsor organization for the benefit of their employees.
Crime Insurance - This coverage provides payment for direct losses of money, securities, or other property caused by theft or forgery by an employee acting alone or in collusion with others. Coverage for premises, transit, and funds transfer fraud is also included. Outside Directorship Liability - This coverage is similar to the D&O previously discussed, however it provides coverage for individuals requested by the insured organization to serve on boards other than the Insured's boards.
Miscellanueous Professional Liability - Trust Officers This coverage will pay those sums that the Insured will become legally obligated to pay as damages and claims expenses for any actual or alleged act, error, or omission in the rendering of or failure to render professional services for trust administration and notary public related to trust administration.
Hospital Professional Liability This insurance provides coverage for a hospital against claims for injury resulting from malpractice, professional errors, or a mistake by the hospital staff.
At this time coverage is only offered to our international institutions. One of the benefits these clients receive is a heightened awareness of the need to prevent losses in the first place.
