Overview
Directors and officers (D&O) liability insurance protects individuals from personal losses if sued for their roles in a business or organization. This course provides a detailed look at key provisions in D&O policies, including limits, retentions, coinsurance, conditions, exclusions, and claims-made coverage triggers.
Find this course for your license
License or Certification
Regulator
Type
Learning Objectives
- distinguish among a D&O policy’s three major insuring agreements
- identify “covered damages” and “covered losses” definitions and their coverage limits
- recognize EPL coverage in D&O policies and how endorsements expand it
- identify critical policy conditions: severability, cancellation, subrogation, other insurance, arbitration, presumptive indemnification, and priority of payments
- identify major exclusions, different versions, and their rationale
- identify unique exposures of privately held organizations and how their coverage differs from corporate/for-profit firms
Designed For:
WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9308.
International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.
Course Information
Adding additional credit may change exam requirements.
| Advanced Preparation: | None |
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