Unfortunately, executives working in the best interests of your operation can be personally named in lawsuits. It can happen any time, and these claims can easily cost you hundreds of thousands or millions of rupees. At COVERAXIS we will use our experience, knowledge and broad market access to build a comprehensive management liability insurance program that will allow your team to operate with confidence.
Professionals face significant exposure from claims for losses or injuries to third parties arising from negligence in rendering their professional services. These claims are not addressed by your traditional General Liability Insurance. We work with doctors, attorneys, architects, engineers, accountants and other professionals, to ensure their practices are properly protected.
Directors & Officers Liability
If your organization has a board or if you serve on a board as a director or officer,you need protection in an event of a lawsuit.
Directors and Officers Liability Insurance is a specialized form of management liability insurance for legal expenses and liability to shareholders, bondholders, creditors or others caused by actions or omissions of a director or officer of a corporation or non-profit organization.
Lawsuits can be a major distraction from your important work and can damage your reputation. Moreover, awards in medical malpractice suits can be very costly. It’s vital for doctors and other healthcare professionals to have the right insurance protections.