D&O

Nonprofit organizations face many of the same legal exposures as for-profit organizations, including conflicts of interest, breach of fiduciary duty and theft.

While the soft D&O market continued through 2024, insurers are starting to approach underwriting with a more cautious lens.

Directors & officers insurance is the best tool for nonprofits to protect volunteers against unforeseen allegations of harm.

Favorable loss ratios and an unprecedented decline in initial public offering (IPO) activity led to the softening of the directors & officers market, but signs point to impending changes.

The greatest factor in pushing rates down is the new capacity that came in during the hard market in both the U.S. and London.

Coalition’s Executive Risks Insurance Designed for Not-for-Profits offers coverage including directors & officers, employment practices liability insurance, fiduciary liability and crime insurance.

An insured health care organization with directors & officers and employment practices liability insurance policies asked its agent if sexual harassment was covered on its D&O policy.

Management liability will likely go through some shifts in the next few years as it adjusts to changes in social inflation and in court interpretations.

Beazley’s directors & officers product has been redesigned and drafted with clear, concise and modern policy language.

Insurers are mandating their clients to disclose any dealings with FTX, and in response, limiting or even denying coverage to companies they deem too risky.