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Executive Protection |
Executives and top-level managers of every size and every type of company run the risk of being sued for decisions they make during a typical day. When these suits arise, they can mean financial disaster. Directors and officers are exposed to potential legal action every time they make a decision regarding mergers and acquisitions, pay scales, product and development, etc. And size of the company does not matter. Suits are all too common against private companies with less than 50 employees. Never before has the need for specialized protection been as great.
A recent private company survey of more than 450 decision-makers in the U.S. reported that nearly half have experienced some kind of loss event related to management / professional liability in the past five years. Furthermore, in 2010, 24% of companies expect to experience workplace fraud, 17% a Directors & Officers (D&O) liability lawsuit, and 16% an Employment Practices Liability (EPL) charge or lawsuit.
The McCart Group provides comprehensive executive protection for the leaders of companies operating in a world of ever-increasing risks. We work closely with both private and public clients to provide executive risk protection including:
- Directors & Officers Liability (D&O)
- Employment Practices Liability (EPL)
- Fiduciary Liability
- Crime
- Kidnap, Ransom & Extortion
- Representations & Warranties Coverages
- Professional Liability (E&O)
- Outside Directorship Liability
Managing a business in today’s environment means that difficult decisions and responsibilities are under constant scrutiny. Executives and top-level managers must be prepared to protect both the company and their personal assets. While you focus on running your business, a McCart Commercial Risk Consultant works with you to identify your corporate and personal exposures, and build a risk management and insurance program to provide you protection and peace of mind.
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