Newman Crane & Associates Insurance Directors & Officers Liability to Cover the Board, Your Executives
Your business faces many risks, particularly in today’s environment where directors and officers are under the microscope and increasingly vulnerable to exposures that range from employment practices issues to cyber liability threats and merger and acquisition missteps. Newman Crane & Associates offers Directors and Officers (D&O) insurance, which provides protection for legal defense costs and indemnity coverage for your business and directors and officers in suits alleging internal mismanagement.
Whether you are a public, private or non-profit organization, financially absorbing the potential costs of D&O litigation – even the defense costs alone – can jeopardize the health and reputation of your business. D&O is clearly the right choice in having an end-to-end risk management solution and asset protection in place.
How Much Risk Can Your Business Absorb?
The best way to determine this is to take an objective look at your company’s exposures and risk tolerance and examine the various D&O plans available. We will partner with you to review your distinctive risks, threats, and opportunities, and then will help design a plan that best mitigates the severity and frequency of outside litigation. Plans differ from one insurance carrier to another so it’s critical to have an experienced insurance advisor like Newman Crane working with you.
We will also help you model how your daily business decisions may impact future D&O exposure, and enable you to prepare in advance before such events even take place. Once you know the risks, you will know how to help avoid them.