Directors & Officers Liability Insurance
D&O Insurance Coverage for Your Executives
A company’s directors and officers have a tough job. When making decisions, they have to consider the best interests of employees, customers and shareholders, while also keeping in mind corporate best practices. If they have limited information and a short amount of time to make those decisions, sometimes costly mistakes can happen and they can be held legally responsible for the repercussions of those mistakes.
To hire and retain talented directors and officers, companies want to give them the freedom to make corporate decisions without the fear of liability for losses stemming from those decisions. Directors & Officers (D&O) insurance protects executives against the consequences of any alleged or actual “wrongful acts” they commit while performing regular supervisory duties. Without D&O coverage, executives’ personal assets are at risk in the event of a lawsuit.
No matter the size of your company, costly mistakes made by directors and officers can happen, which is why it’s important to take steps to insure your executives against losses stemming from an incident. Contact Megson FitzPatrick Insurance Services today to learn about the D&O coverage solution that’s right for you.
Areas We Serve
- Abbotsford
- Aldergrove
- Burnaby
- Campbell River
- Castlegar
- Chilliwack
- Colwood
- Coquitlam
- Cordova Bay
- Courtenay
- Cranbrook
- Dawson Creek
- Duncan
- Esquimalt
- Fernie
- Fort St. John
- Gibsons
- Gulf Islands
- Kamloops
- Kelowna
- Ladner
- Ladysmith
- Langford
- Langley
- Mission
- Nanaimo
- Nelson
- Oak Bay
- Osoyoos
- Parksville
- Peachland
- Penticton
- Port Alberni
- Powell River
- Prince George
- Prince Rupert
- Quesnel
- Richmond
- Saanich
- Salmon Arm
- Sechelt
- Sidney
- Sooke
- Squamish
- Summerland
- Surrey
- Terrace
- Trail-Fruitvale
- Tsawwassen
- Uptown
- Vancouver
- Vernon
- Victoria
- View Royal
- Whistler
- White Rock
- Williams Lake
Customer Testimonials
I just wanted to let you know how amazing Sue and Chelsea are. Last Friday was our fleet renewal and of course ICBC through us a curve ball hours before. Sue worked around the clock calling and emailing ICBC to resolve the issue. Sue took many calls from me and was always professional, positive and happy. The fleet was reinsured Friday afternoon, both Sue and Chelsea met me in the parking lot to thank me for the business. All year long no matter what time of day it is they always take my calls, from permits to new vehicle purchases they make it a very simple professional process. I can not thank them enough for their hard work and dedication to customer service. Looking forward to another great year with your team.
I wanted to thank you and the whole team over the past year and a bit. Your service was exemplary and I couldn’t be happier with your willingness to help and for the turnaround times in a very precarious market. It definitely made my job easier.
Megson FitzPatrick has been looking after our insurance needs since 2014 professionally and personally. They are very reliable, responsive and we have built a strong relationship with them. Our account is quite complex, but they always find solutions to our needs and everyone involved in our account is knowledgeable about Marina operations. We are very pleased with the service we receive from Megson’s and would recommend them to others.
Recently got in touch with Jeremy @ Megson FitzPatrick over an issue involving liability and a nanny share. He and the team we able to get us sorted in a very quick manor without issue. Great experience and highly recommend them!
Very competent and professional. Since they act as a broker, they find the best deal for you. Contrast that with an insurance chain that tries to fit you to their products.
On the ball staff that really take care of you. Easy to do business with!
Thanks, Steve. You and your team have been an absolute pleasure to deal with. Every time I bring an opportunity to you, you hit it out of the park. A few years ago, we moved to a model of preferred suppliers and consolidated our business because we find that this approach builds a mutually beneficial partnership where both parties win. We consider Megson FitzPatrick our preferred insurance provider, for sure. Thanks for looking out for us.
I am fortunate to have Megson FitzPatrick as our risk manager and insurance provider. They have always taken an active role in our ever-evolving security software business to ensure that we have the most comprehensive coverage and their expert advice and top-notch service are the best in the industry in my books.
This is why we use Megson’s, you make our life so easy…
Cam Williams, Coast Claims handled my golf club claim. He was great!