Today, the role of directors and officers has become increasingly challenging due to the ever-changing regulatory landscape, shareholder activism, and growing corporate governance issues and consequently the directors and officers face greater litigation risks. 

The D&O Insurance Policy from Qian Insurance Broking provides directors and officers protection and financial security against claims of alleged or actual wrongful acts. A Wrongful Act is defined as an actual or alleged errors or omissions, Breach of Duty, Breach of Trust, Negligence, Misstatement or Misleading Statement.

Key features of the Directors and Officers Insurance Policy include:

1.Side A Cover in a D&O Insurance Policy protects individual directors and officers when the company cannot or is unable to provide indemnification.

2.Employment Practices Liability: Another benefit of a D&O Liability Insurance Policy is that it provides coverage for claims arising from employment-related issues, such as wrongful termination, discrimination, harassment etc. safeguarding directors and officers from the risks associated with managing human resources.

3.Entity Coverage in a D&O Liability Insurance Policy covers the company itself against violation of security laws.

4.Crisis Management: In case of an admissible claim, the Directors and Officers Liability Insurance Policy provides public relations expenses, ensuring timely and effective communication to stakeholders and the public.

The Cost of a D&O Liability Insurance Policy in India is very reasonable, though the premiums have been on a rise in recent times. The increase in premiums is driven by an increase in employment related claims against the directors and officers as well as an increase in financial frauds and fund siphoning cases in startups. Consequently, the demand for comprehensive D&O Insurance Policy Coverage has shot up.

Qian is commitment to client satisfaction and offers dedicated claims assistance, providing timely and efficient support in the event of a covered claim. Furthermore, the company's 24/7 customer support ensures that directors and officers can access assistance and guidance whenever needed.

Qian has tie-ups with top D&O Insurance Providers for providing comprehensive D&O Insurance Coverage to its clients. We will make sure to compare D&O Insurance Coverage among multiple providers and also read through D&O Insurance Policy Wordings as well as exclusions in a D&O Insurance Policy in detail. Their customer-first approach has resulted in Qian becoming a leading insurance broker in India in the last 5 years.

About Qian Insurance Broking LLP

Qian Insurance Broking is a trusted insurance broker in India. With a strong focus on providing customised insurance solutions and exceptional customer service, the company has earned a reputation for its comprehensive insurance solutions. Over the last few years, Qian gas become a leading insurance broker for Trade Credit Insurance Policy, Commercial General Liability Policy and Workmen’s Compensation Insurance in India.