How do I file a Directors and Officers (D&O)/Employment Practices Liability (EPLI) or Fiduciary claim?
Notice of a claim or of a potential claim (also known as an incident) must be given to your D&O insurance carrier in writing and within 30-days of knowledge of a potential claim. The written notice should include policy number, name of insured, name of claimants, and a full description of the events that may give rise to the claim. Additionally, during the policy period if a D&O, EPLI or Fiduciary claim is first made against you or even if you become aware of an alleged wrongful act that MAY give rise to a claim (i.e. EEOC or Dept. of Human Affairs filing), you must also report this potential claim in writing to your insurance carrier as soon as practical, but within 30-days of the notice. We suggest that you send this type of confidential material to the carrier through a traceable method.
Related Questions
- Isnt this coverage included in our Directors and Officers Policy or Employment Practices liability Insurance?
- Isn’t this coverage included in our Directors and Officers Policy or Employment Practices liability Insurance?
- How do I file a Directors and Officers (D&O)/Employment Practices Liability (EPLI) or Fiduciary claim?
