In today’s increasingly litigious society, private and public companies, both large and small, are concerned about and at heightened risk of  their top executives be sued personally in the course of performing their professional roles.

Most often, suits are brought on by a disgruntled current or former client,  but the plaintiff could also be a vendor, a prospect or a strategic partner.

Companies are wise to take these concerns very seriously, since not only are lawsuits incredibly disruptive, costly and essentially carry unlimited financial risks personally for each named-defendant, but also because 1 in 4 private companies have been impacted by this type of case within the past 3 years.

At JMP Insurance Brokers, we advise clients that a decision to have Directors & Officers (D&O) Insurance — thereby transferring these types of risks to an insurance company — has now become the norm rather than the exception.   In other words, D&O Insurance should be a staple coverage on the schedule of insurance for any type and size of public or private company, operating on either a for-profit or not-for-profit basis.

Coverage also extends to other critical and costly ancillary services — including all company legal matters and expenses being handled and paid for by the insurance company —  regardless of the merits of the suit or its outcome.  This allows companies and  their executives to get on with business at hand with less worry that an unfortunate lawsuit could bankrupt the company or its executives.

Request Quotes Today  – By completing JMP Insurance Brokers Digital Quote Request,  your company is properly shielded and can continue soaring.