Directors and Officers Liability
Director’s and officer’s liability insurance has become essential to the insurance portfolios of all companies, whether they are public, private or not for-profit. Considering the growing number and severity of lawsuits and financial scandals, members of boards of directors and officers have their responsibilities and duties emphasized by the current regulatory and legislative environment, and as such they must take measures in order to protect themselves and their businesses. To meet these needs, Evolution Insurance has developed the EVO GOLD program offering a very comprehensive insurance policy to Canadian private and not for-profit corporations. We also offer insurance solutions to public companies.
The EVO GOLD program is designed to accelerate and facilitate the placement process for both the broker and insured by limiting the amount of information required to a minimum, while still providing comprehensive coverages including full coverage of the entity, employment practice liability, fiduciary liability, as well as additional coverages such as employee dishonesty and third party fraud.