Director's & Officers

Capri Insurance is committed to providing superior and innovative insurance products that are specific to your needs and to the needs of your directors and officers. We provide comprehensive coverage for non profit entities as well as private and public organizations. Regardless of your structure, there are stringent obligations imposed on your directors, officers and your organization that can result in financial exposures.

Allegations most often made against directors and officers include:

• Conflict of interests
  
• Acting beyond the scope of their authority
  
• Giving wrong advice
  
• Breach of fiduciary duties
  
• Employee dismissal
  
• Misrepresentation of reports and financial statements
  
• Breach of contract
  
• Violation of by-laws
  
• Fraudulent conduct
  
• Failure to supervise subordinates or company affairs properly
  
• Authorizing excessive spending or borrowing
  
• Mismanagement of assets

Activities that often increase an organizations chance of having a directors and officers claim include:

• Bankruptcy
• Change in ownership
  
• Mergers and acquisitions
  
• Public offerings
  
• Management buy-outs
  
• Reduced dividends
  
• Foreign investment
  
• Breach of debt covenants
  
• Operating outside your constitution or bylaws

Our qualified and knowledgeable professionals will work with you to assess your unique exposures. We will work hard to deliver an affordable product that provides you and your directors and officers with the protection you need.