D&O Insurance

Directors and Officers (D&O) Liability Insurance

Management Liability Insurance for Indigenous Professionals and Businesses

D&O insurance coverage protects the directors and officers of corporations and other entities against legal judgments and related expenses resulting from allegations of wrongful acts committed in the individual capacity as directors and officers.


Why Choose TIPI for Your Directors and Officers Liability Insurance?

At TIPI we have over 20 years of experience working with Indigenous communities to provide them with D&O insurance to meet their unique needs. It is one of our core competencies and one of the key ways we continue to support First Nations communities across Canada.


Management Liability Insurance

D&O Insurance (also known as Management Liability Insurance) is a necessity. Keep a look out for these factors when purchasing a D&O insurance policy:


  • Defence Costs outside the Limit of Liability
  • Insuring Agreement for all coverages including Employment Practices coverage
  • Entity vs. Insured Exclusion carve-outs for defence costs, whistleblowers, past Ds & Os who have not served for 3 years, trustee in bankruptcy
  • Expanded definition of Insured Persons includes directors, officers, all employees, trustees, volunteers, staff members, executive board members and committee members
  • No failure to maintain adequate insurance exclusion
  • Policy written in “Pay on behalf” not on “reimbursement” and personal conduct exclusions do not apply to defence
Share by: