Directors of Canadian Public Companies face ever increasing legal and reputational risks as they strive to fulfill their governance responsibilities of publicly traded companies.
Simply put; Directors and Officers insurance provides financial protection for your directors and officers in the event they are sued for a wrongful act.
Hallmark Insurance Group serves as your trusted advisor in designing a clear risk management strategy for your directors and officers to mitigate risks posed to them.
One size does not fit all. We work with you to identify your corporate and personal risk exposures to liability and design a program with comprehensive recommendations that will fill all your risk gaps.
With the benefit of detailed risk assessment and aligned Executive Compensation, Directors can reduce the risks they face and the chance of financial loss of their personal assets.
Hallmark can critically analyze your current D&O coverage for exposures based on your industry, business situation and strategic direction and recommend changes to coverage to ensure Directors & Officers are getting the right coverage that reflects the results of the risk management steps implemented.
The significant difference in the approach taken to these issues by Hallmark and 3XCD approach is the direct involvement with Directors, unlike the traditional approach whereby Management makes the decisions about the coverage and limits provided to protect Directors.
Talk to a Hallmark Insurance D&O Expert today!