Running big decisions on the behalf of others is rewarding, but comes with big risk. Viti works with business owners to evaluate operational risk related to their decisions and actions, and the impact on others. For any of your business dealings that your customers are legally protected, you must also be protected.
We are all human and make mistakes. But when it comes to the responsibility you have in your business, some mistakes, or alleged mistakes, put you in legal hot water.
Protecting you and caring for your clients
Directors & Officers Insurance
Companies and their shareholders need to be aware of and protected from their risk of personal liability. Our team ensures you have well-informed directors and officers, who take risks based on the information that is available to them when the decision is made.
Directors & Officers Liability provides financial protection for the directors and officers of your company in the event they are sued for wrongful acts committed, or allegedly committed, in their capacity as corporate officers.
Employment Practices Liability
Every company with employees is at risk that past, present, and even prospective employees make a claim against them. Employment Practices Liability protects companies against those claims. Examples of the types of claims covered include:
- wrongful termination
- sexual harassment
- wage and hour disputes
The coverage also protects the employer from a variety of other employment-related claims that violate employees’ civil rights or their ability to perform their jobs in an acceptable and fair working environment. It protects the entire firm, including Directors and Officers.
Retirement plans, such as 401(k)s, or health insurance plans (medical, dental, and vision) are managed by individuals. Each of those individuals are considered a Fiduciary. Fiduciary Liability provides insurance protection for those managing the plan if they are negligent or make a mistake. Legally, the Fiduciary may be held personally liable, so this plan helps to protect them.