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  • ICD, Ontario Chapter: Director Personal Indemnification and Insurance

ICD, Ontario Chapter: Director Personal Indemnification and Insurance

  • 10 Nov 2011
  • Fairmont Royal York - Imperial Room, 100 Front St. W, Toronto, ON
Building on last year’s successful event, the ICD Ontario Chapter presents another session on Director Personal Indemnification and Insurance.

  • Joining a board today can be perilous. What due diligence could / should the directors do?
  • If you are invited to join a board today, what questions should you be asking regarding indemnification?
  • When can you quit? What happens if your company goes bankrupt?
  • Will your D&O policy stand up to class action lawsuits and regulatory investigations emanating from fraud?
  • What expenses will your D&O coverage permit and how timely are the payments?

Today’s business reality puts directors and officers at increasing personal risk:

  • Heightened regulatory scrutiny
  • High risk corporate transactions (mergers, equations, takeovers
  • High-profile bankruptcies
  • Increasingly frequent, lengthy and costly civil litigation, administrative investigations and criminal prosecution

Learning Outcomes:
This session will explore what key exposures are faced by organizations and their directors and officers. These exposures can lead to personal liabilities by Directors and Officers if they do not have adequate indemnification or insurance coverage. Every director and officer needs to know and understand their Director and Officer Indemnification and Insurance Program. Join us to learn from our panel if your company's program meets best practice.
 

Moderator

  • Barry Reiter, Chair, Corporate Governance & Director Protection Group, Bennett Jones LLP

Speakers

  • Kelly Lang, Senior Vice President & Partner, HKMB HUB International
  • Myrn Meyrick, General Counsel, Everest insurance Company of Canada
  • David Price, Chief Underwriter, Everest Insurance Company of Canada

Pre-reading materials will be distributed prior to the session.

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