MicroCap Directors and Officers Insurance Experts

We have developed a team that is ready to help you with your Directors and Officers Insurance needs and questions. 

 

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What is D&O Insurance For?

D&O insurance is usually purchased by the company itself, even when it is for the sole benefit of directors and officers. Reasons for doing so are many, but commonly would assist a company in attracting and retaining directors. Where a country’s legislation prevents the company from purchasing the insurance, a premium split between the directors and the company is often done, so as to demonstrate that the directors have paid a portion of the premium. Problems related to income tax liability may come into play when a corporation avoids country specific liability law in order to protect its individual directors and officers through insurance.

If the company fails to disclose material information or willfully provides inaccurate information, the insurer may avoid payment due to misrepresentation. The “severability clause” in the policy conditions may be intended to protect against this by preventing misconduct by one insured from affecting insurance for other insureds; however, in certain jurisdictions it may be ineffective.

How Does It Work?

1

Gather Data

Carriers need a bunch of information. Directors and Officers Insurance Companies require a good bit of information to better understand how a company is currently working. This information will provide the underwriters the basis for their decisions for approval and pricing.

2

Search For The Right Plan

It may take us a few days to find a few plans. This time can sometimes feel like an eternity, but rest assure that we are working hard to find the right plan and provider that fits your request. As the saying goes, "Good things come to those who wait." Violet Fane

3

Present Our Findings

After we have searched through all the carriers. Once we have received quotes back from the carriers we will compare and present our results. This speeds up the process with making the decision on the right plan. Saving you both time and money.

Get Started with your free quote today

In order to receive your free quote for Directors and Officers Insurance you will need to complete the request form here and one of our team members will contact you with necessary application and help you with the next steps.

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