D&O Insurance, or Directors and Officers Liability Insurance, is a type of insurance that shields directors and officers of a company from financial losses if they’re sued for their actions or decisions made on behalf of the company. It covers: – Legal fees and defence costs – Settlements and damages – Regulatory proceedings and investigations […]
In the scenario of Fraudulent Advice & Employee Absconding, where an employee of a financial advisory firm deliberately provides fraudulent investment advice and subsequently absconds, a standard Professional Indemnity (PI) policy would typically respond. Coverage may be triggered under the “Employee Dishonesty” or “Fraud” extension of the policy, potentially indemnifying the firm for: – Legal […]
Professional Indemnity Insurance: Your Shield Against Professional Negligence Claims Delivering high-quality services is expected, but mistakes can happen. Protect yourself and your business from professional negligence claims with PI Insurance. It covers: – Legal costs and defense fees – Compensation and damages – Reputational damage – Breach of confidentiality – Misrepresentation Why You Need PI […]