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  • COVID-19 Resources
  • Commercial Solutions
    Buy Now
    • Drone Insurance
    • Golf Tournament Insurance
    • Special Events Insurance
    Commercial Insurance
    • Commercial General Liability
    • Commercial Property
    • Construction
    • Environmental
    • Insurance for Commercial Tenants
    • Punitive Damages
    • Reputational Harm
    • Trade Credit
    Equipment & Automotive
    • Auto Dealership Insurance
    • Commercial Auto Insurance
    • Equipment Breakdown Insurance
    • Garage Insurance
    • Motor Truck Cargo
    Management Liability
    • Crime Insurance
    • Directors & Officers Liability
    • Employment Practices Liability
    • Fiduciary Insurance
    Manufacturing
    • Business Interruption
    • Product Recall
    • Products Liability
    • Stock Throughput Insurance
    Marine & Transportation
    • Fishing Lodge Insurance
    • Insurance for the Professional Scuba Diving Industry
    • Marine Cargo and Inland Transit
    • Marine Insurance
    • Transportation
    Mining & Exploration
    • Kidnap and Ransom Insurance
    • Mining & Mineral Exploration Liability
    • Mining Exploration & Development Costs
    • Mining Insurance
    • Operators’ Liability
    • Press Release Monitoring
    Professional Liability/Errors & Omissions
    • Cyber Liability
    • Life Agents Professional Liability
    • Professional Errors & Omissions Liability
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    • Drone Insurance
    • Golf Tournament Insurance
    • Special Events Insurance
    Home
    • Homeowners Insurance
    Personal
    • Automotive
    • Disability Income
    • Fine Arts Insurance
    • Individual Health Insurance
    • Legal Expense Insurance
    • Life Insurance
    • Mortgage or Term Life Insurance
    • Student Insurance
    • Travel
    Private Client Group
    • Private Clients
  • Industries
    Buy Now
    • Drone Insurance
    • Golf Tournament Insurance
    • Special Events Insurance
    Construction & Real Estate
    • Construction Insurance
    • Construction Project Insurance
    • Roofing Contractors Insurance
    Education
    • Career & Vocational Colleges
    • International Student Medical Insurance
    • Language Schools
    • Private Primary & Secondary Institutions
    Forestry
    • Forestry Insurance
    • Logging Contractors Insurance
    • Sawmills & Milling Insurance
    • Wood Products Insurance
    Health and Fitness
    • Barber Insurance
    • Healing Arts Practitioners Insurance
    • Health & Fitness Insurance
    • Personal Trainer & Fitness Instructor Insurance
    • Registered Massage Therapy Insurance
    • Salon & Spa Insurance
    • Yoga Insurance
    Mining & Energy
    • Mining Insurance
    • Oil & Gas Field Contractors Insurance
    Nonprofit
    • Arts Organizations Insurance
    • Chamber of Commerce Insurance
    • Charity Insurance
    • General Nonprofit Insurance
    • Nonprofit Media Insurance
    • Volunteer Centre Insurance
    Other
    • Association & Franchise Insurance Programs
    • Aviation Industry Insurance
    • Craft Brewery Insurance
    • Food & Hospitality Insurance
    • Insurance for the Professional Scuba Diving Industry
    • Jewellers Block
    • Manufacturing Insurance
    • Marine Insurance
    • Métis Nation Insurance
    • Retail Store Insurance
    • Small Business Insurance
    Professional Service Firms
    • Architects, Engineers, and Geoscientists Insurance
    • Insurance for Insurance Brokerages
    • Law Firm Insurance
    • Life Agents Insurance
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    • Blockchain Insurance
    • ICO Insurance
    • Technology & Life Sciences Insurance
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Directors & Officers Liability

Management Liability

  • Crime Insurance
  • Directors & Officers Liability
  • Employment Practices Liability
  • Fiduciary Insurance
Back toCommercial Solutions
  • Commercial Solutions
  • Management Liability
  • Directors & Officers Liability

Request a Directors & Officers Liability Insurance quote

In today’s corporate world directors and officers face unprecedented levels of scrutiny. They are challenged on all sides by legislation, governance and compliance. And there has been a dramatic increase in litigation against them. Whether the organization is private, publicly traded, or even a nonprofit, directors and officers owe a duty of care to the corporation which compels them to act without negligence. This duty may also apply to other stakeholders such as employees, creditors and customers. In Canada, corporate statutes state directors and officers have a fiduciary duty to act honestly, in good faith and in the best interests of the corporation – underpinned by the introduction of Bill 198 which was introduced to protect investors from misleading, insufficient or late corporate disclosures.

Failing to meet these standards can give rise to personal liability and, by accepting their position within the corporation, directors and officers are putting their personal assets at risk for the benefit of shareholders. Aside from any court-related settlements, fines or damages, the legal costs for any lawsuit against directors and officers can be enormous. D&O insurance, which is paid for by the corporation, protects against these risks. Without D&O insurance coverage it can be extremely difficult to attract and retain competent and successful people.

At Axis Insurance Managers Inc. we work hard to understand the risks faced by every client, which helps us to design broad protection geared specifically to the needs of the corporation or organization and its board – giving directors and officers peace of mind and the freedom to get on with their work.

 

 

Request a Directors & Officers Liability Insurance quote

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Axis Insurance

Axis Insurance Group
#400 - 555 Burrard St. Box 275
Vancouver - Bentall Two,BC
V7X 1M8
Metrix Professional Insurance Brokers
P 604-683-5583 / 1-800-690-7475
Fax 604-683-8032


Shaw Sabey & Associates
P 604-689-2441 / 1-800-684-1911
Fax 604-331-0662


Axis Insurance Managers
P 604-731-5328 / 1-866-999-2947
Fax 604-731-3137


Cypress Insurance/ Otto & Associates
P 604-922-8932 /
Fax 604-922-4763


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