Tag Archives: d&o

Directors and Officers: CEO Succession Key for Risk Management

Directors and Officers CEO Succession Key for Risk ManagementThere are numerous components to a key risk management strategy. One way is with a successful CEO succession strategy.

The CEO is the figurehead of the company. Especially in high profile companies, they command a large amount of attention and have a significant influence on the company’s brand and image. It is growing as a crucial risk management strategy as well. Investors, rating agencies, and governmental entities are starting to require information about succession planning. And internal talent development and a comprehensive CEO succession..


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Directors and Officers: The Dangers of Short-Termism to a Board

Directors and Officers The Dangers of Short-Termism to a BoardDirectors and Officers: The Dangers of Short-Termism to a Board

Directors & Officers have a unique responsibility of being the liaison between running a company and representing the voices of their shareholders. And balancing those two views isn't always easy.

The Directors and Officers of a board are there to insure the shareholders’ voices and mission of the company are represented. But this idea has also given rise to a shareholder-centric model of corporate governance. While it gives shareholders a voice, it can also lead..


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Professional Liability Risks for Nonprofits

Professional Liability Risks for NonprofitsProfessional Liability Risks for Nonprofits

Nonprofits were hit hard by the recession. During 2005 to 2010, private charitable contributions fell by nearly 10 percent (after adjusting for inflation). In short, people just didn't have the money to give. And while it’s starting to rise, charitable donations remain significantly below pre-recession levels.

Celebrity nonprofits are a double edged sword. A recognizable name brings a huge visibility to a cause, but it also ties the nonprofit directly to the celebrity’s reputation. When Tour de France cyclist Lance Armstrong admitted to doping during his..


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Directors and Officers Liability for Nonprofits

Directors and Officers Liability for NonprofitsDirectors and Officers Liability for Nonprofits

We live in a highly litigious society. As nonprofits struggle to recover after the economic downturn, any claim or lawsuit, whether true or not, could be detrimental to their organization. It is particularly essential to protect the directors and officers of the organization with a comprehensive D&O insurance plan.

Officers and directors of a nonprofit board have a unique responsibility to their institution that typically goes beyond the usual board/company relationship. They have a mission and..


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