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Melville, New York Directors & Officers Insurance

Directors and Officers Quote Request
Melville, New York Directors & Officers Insurance

Directors & Officers Insurance (D&O) is a type of liability coverage that provides protection for the board members, officers and directors of your company or organization from lawsuits that can arise from them performing their duties.

D & O Insurance in Melville, New York

This type of coverage protects their personal assets and is becoming more the rule than the exception with larger businesses and organizations. Ovation Risk Planners can help evaluate whether this type of indemnity coverage is appropriate for your situation. Some of the risks to consider are:

  • Legal defense costs
  • Legal Representative Expense
  • Costs arising from extradition proceedings
  • Civil Fines / Civil Penalties
  • Damages
  • Judgements
  • Bail Bond Costs

Some business relationships may require you to have New York D & O insurance. With the amount of lawsuits in our society today it's becoming more important to evaluate whether it's a necessary protection for your top level decision makers.

Some of the professionals we help include:

• Cemeteries

• Chambers of Commerce

• Churches (local)

• Condominium / Homeowners Associations

• Community / Junior Colleges

• Country Clubs

• Day Care Centers

• Economic Development Corps.

• Foundations

• Hospitals

• Labor Unions

• Libraries

• Low Income Housing

• Membership Organizations

• Museums

• Nursing Homes

• Performing Arts Organizations

• Private High Schools

• Private Industry Councils

• Public Broadcasting Commissions

• Regional Planning Commissions

• Retirement Homes

• Social Service / Human Service Organizations

• Trade Associations

• Unions

• YMCA’s / YWCA’s

• Zoos

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