Private Company Directors & Officers Program Highlights
  • Broad eligible class list
  • Competitive coverage, pricing and commissions
  • Premiums starting at $3,000

Partnered with:

RLI is our carrier and is rated "A+" by A.M. Best Company

Private Company Directors and Officers (D&O) coverage is a necessity in today's litigious society. Many lawsuits are filed from employees for discrimination, wrongful termination and harassment. However, clients, vendors, creditors and competitors are increasingly filing lawsuits against your clients. Defense costs for even frivolous lawsuits can range from $20,000 - $50,000. Are your clients covered for these costs? If not, you could be liable.

Fast Facts

  

Private Company Directors & Officers

  • Broad punitive damages coverages
  • Broad definition of insured includes the entity and any past, present or future employee, director or officer
  • Broad definition of loss includes monetary damages and settlements
  • Broad definition of defense expenses, including fees and expenses incurred in the investigation, defense or appeal of a claim
  • Broad definition of claim, including written demands, civil proceedings, criminal proceedings, administrative or regulatory proceedings and investigations
  • Broad definition of wrongful act, including actual or alleged error, omission, misstatements, misleading statement or breach of duty notice of claim, "as soon as practicable"
  • Marital estate extension, covers loss from claims made against the lawful spouse
  • Automatic coverage for acquired or created subsidiaries less than 25% of the total assets of the entity
 

Employment Practices Liability

  • Duty to defend coverage
  • Leased worker coverage
  • Independent contractors coverage
  • Broad definition of claim includes written demands, civil proceedings, criminal proceedings and regulator or Equal Employment Opportunity Commission (EEOC) proceedings
  • Broad definition of defense expenses includes fees and expenses, including attorney and expert fees incurred in the defense of a claim
   

Arrowhead Professional Liability Division is a division of Arrowhead General Insurance Agency, Inc.
© 2005 Arrowhead General Insurance Agency, Inc. CA License #0699809

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