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Bonds/Surety Employee/Group Benefits Insurance Glossary

Directors & Officers

Recruiting and retaining talented corporate directors, officers and trustees is a challenge faced by most companies. Directors, officers and trustees should be concerned about their personal liabilities associated with a board's actions or inactions.

The growth in public bankruptcies, corporate scandals, new legislation and regulation in Canada and the U.S. has spawned litigation increasing personal risk to directors, officers and trustees for boardroom responsibilities.

Comprehensive directors, officers and trustees insurance coverage addresses this exposure and helps retain or attract quality board members.
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