Episode 14 - Director and officers liability insurance: A necessary cost?
We are often asked by boards that we work with: do we really need Director and Officers (D&O) Liability Insurance? We’ve finally had a chance to go to the experts on this one for this one: Director and Officers Liability Insurance: A Necessary Cost?Kawkab Jamal, agency owner of The Co-operators office at 5564 Cambie Street, Vancouver, leads us through the key benefits of D&O insurance, the issues to consider when exploring or revisiting your coverage, and the risks of not having this type of insurance (because neither ignorance nor resignation is a defence!).
Presented by Humanity Financial Management
From our Vantage Point is brought to you by Humanity Financial Management, a Chartered Accounting firm dedicated to helping Canadian not-for-profit, charitable and social enterprises build capacity for strong internal financial management. Humanity Financial Management’s part-time controllers and CFOs provide support for budgeting, reporting, audit preparation, policies and procedures, and internal controls. Their results: Financial risk reduction and asset protection. Visit Humanity Financial Management online at humanityfinancial.ca.
Maria Turnbull brings over 20 years of leadership experience in staff and director roles within the not-for-profit sector, both here in Canada and in the UK. With a BA in International Relations and MBA, Maria is a skilled facilitator and consultant in board governance, organizational development,...