In a context where litigation is on the rise and damage awards are increasing, protecting yourself and your directors from allegations of negligence is critical. Fully 82% of lawsuits are initiated by former or current employees, competitors, customers, former owners, creditors, government agencies and regulatory authorities.

Consider the following:

  • Company directors were held personally liable for unpaid wages, payroll deductions and sales taxes after their company had filed for bankruptcy.
  • After being dismissed, an employee with considerable seniority sued various managers for libel for disseminating a company-wide memo outlining the circumstances of the dismissal.
  • The principals of an insolvent company were sued by the suppliers to whom they had promised payment once they themselves got paid. Directors and officers (D&O) liability insurance

The kind of protection you can obtain includes:

  • Directors and officers (D&O) liability insurance
  • Coverage for outside directors
  • Employment practices liability insurance
  • Fiduciary liability insurance
  • Professional services insurance
  • Pollution liability coverage
  • Punitive damages coverage

Contact a broker at J Gérard Fortin today to find out more about the products we have to offer.

Get a quote online for your business.
Questions? Contact a broker at 514.729.6001 or write to us.