Directors and Officers Liability - Claims Management In the event of a loss, the reporting requirements for directors’ and officers’ insurance policies must be adhered to. When a claimable event happens or may potentially occur, contact your insurance representative immediately. Facilitating a ClaimTo make a claim, document all of the information related to the incident. Your insurance representative will want to know:Details of the incidentInformation about steps that were taken to avoid the incidentWhat you did to investigateWhat you are doing to prevent future incidents Whether your board is well-established or new, or if you are considering becoming a board member, learn 11 risk management techniques for managing directors’ and officers’ risks. Additional Government ResourcesIndustry Canada, “Primer for Directors of Not-for-Profit Corporations” Justice Laws Website, “Canada Business Corporations Act”Justice Laws Website, “Canada Labour Code” Justice Laws Website, “Criminal Code” Emergency Preparedness for Business Life can throw its share of curveballs so it’s important to be ready for anything. And yet, a large number of small businesses don’t have an emergency preparedness plan in place. This guide is intended to help you safeguard your business by preparing for the unexpected.Commercial Insurance for Small Business – Q&AQuestion to ask your insurance representative.Business Insurance and YouManaging risk is an essential part of every business, large or small. Theft, fire, vandalism, riots: A host of perils could come your way and you need to be ready for them. Let’s look at some of the basic steps you can take. Related Services Useful LinksInsurance VendorsInsurance is a significant financial investment so it’s worthwhile to learn about your buying options. Cost ControlThere are many ways you can control insurance costs and lower your premium. Shop around and ask your insurance representative for more information about the options below and other savings opportunities.