|Directors & Officers Liability|
|The directors and officers who serve non-profit organizations volunteer not only their time and expertise, but also their personal financial security. Just as with for-profit companies, individual board members can be held responsible for a vast range of alleged wrongdoing, whether or not the organization itself has any assets. From mismanagement, to anti-trust violations or breach of fiduciary duties, claims against directors are costly to defend even if unfounded. Directors & Officers Liability coverage designed with non-profit groups in mind provides protection for the organization and those who serve it.|
|Community Theatre Groups who are members of ACT-CO are eligible for a group rate (currently $450 for $1 million) on Directors & Officers Liability (D&O) insurance coverage through Firstbrook, Cassie & Anderson Insurance Brokers (fca).
The following conditions apply:
|Firstbrook, Cassie & Anderson Insurance Brokers, Toronto|
fca is one of only a few brokers who offer D&O for not-for-profit organizations and they have considerable expertise in this field. Theatre Groups who wish to take advantage of the D&O group rate through fca or to find out more about D&O, should contact Ian Smith directly:
|Check out their website also to familiarize yourself with this broker: www.fcainsurance.com|