Directors & Officers
Claims from stakeholders of an organization can include allegations of fraud, quality of products, negligence, and conflict of interest, breach of contract, financial mismanagement, and self-dealings. Claims can also surface from non-stakeholders such as competitors through claims of deceptive trade practices, market manipulation or intellectual property infringement.
Miscellaneous Professional Liability provides coverage for financial loss resulting from actual or alleged professional negligence during the performance of covered professional services for others. Coverage includes defense costs, damages arising from negligence performing the service, errors and omissions in providing a service, and/or misrepresentation of information for the service promised to be provided.