People who are in key positions in businesses and public organizations are often required to take difficult decisions and take increased responsibility for their actions or at their line of work. There is always the possibility of a company or/and an executive to be confronted with claims and lawsuits that will lead to long-term legal disputes or even damages.
The claim against shareholders for a takeover that caused damage to the company, the claim by a competitor for abuse of a dominant position in the market or the claim for compensation of customers for deception, are some of the issues that may arise. All these potential issues are covered by D&O insurance – Insurance of executives, acting as a layer of protection for the executives but also the company.
Contact a specialized consultant of ANAX so we can suggest the insurance product that meets the needs of your business and design a product exclusively for you. In addition to proper risk insurance and compensation in the event of insured risk, our advisory role will be crucial in protecting your business and your executives in general.
Expertise is important in D&O insurance. There are issues that your insurance intermediary should be aware of and inform you of, such as when the management insurance is activated, whether there are geographical boundaries or restrictions on the period covered by the third-party claim and which claims are covered.
For all this, ANAX is by your side to act responsibly, with confidence, confidentiality, experience, and expertise.