Executive Risk

Changing corporate governance standards bring new requirements for corporate risk management. Invincia is on top of it. Our team of specialists will work with you to understand your exposures, reduce your risks, and keep you compliant.

Areas of expertise include Directors and Officers Liability (D&O), Employment Practices Liability, Errors & Omission/Professional Liability and Fiduciary Liability.

Directors and Officers Liability

Companies and their directors and officers face increasingly strict regulations and a hostile litigation environment. A decision that adversely affects shareholders, employees, customers, creditors, or that runs afoul of a regulatory issue, can lead to a lawsuit that may leave individuals personally liable. A Directors & Officers Liability policy (D&O) offers protection to both individuals and the company balance sheet as a result of negligent wrongful acts.

D&O insurance is intended to provide coverage for directors, officers and other insureds–including the company itself in certain circumstances–for liability that arises out of their role as directors or officers of the company.

Of course, while directors and officers coverage is subject to some exclusions and other coverage terms, the policy typically will pay for defense costs, settlements, and judgments, typically in excess of a deductible for those claims.

Employment Practices Liability

As an employer you face many risks, from breach of contract to discrimination. Choosing the right employment practices liability insurance program takes careful consideration. Invincia understands the issues. We know how to protect both your company and its employees, and our specialists tailor policies that suit your organization’s needs.

Employment practices liability insurance protects your company against the financial losses associated with employment litigation. This may include reimbursement for settlements, judgments, and the expense of defending yourself when you are accused of:

  • Breach of employment contract
  • Discrimination against employees or prospective employees
  • Wrongful termination
  • Sexual or other harassment

An effective policy also protects against the implications of changing employment legislation. Your Invincia experts will make sure you are covered.

Errors & Omissions/Professional Liability

When a product or service allegedly fails and causes financial damage, your company may face a legal dispute. Invincia experts ensure you have the protection you need.

An errors and omissions or professional liability policy covers the defense and settlement expenses associated with professional services provided by a consultant, designer or professional (lawyer, healthcare worker, accountant, engineer, etc.). Such policies also cover products such as technology and other equipment.

Fiduciary Liability

When you offer retirement and other benefit plans, you face the risk of litigation from employees and others stemming from the management and administration of those plans – even if you use a third-party administrator. Invincia’s experts can help protect you.

A fiduciary liability insurance policy covers lawsuits alleging breach of fiduciary duty or similar claims with regard to retirement and other benefit plans.