D&O Liability Insurance
sncf logo ORIGINAL
Reset

Affiliates

Change Font Size:

SNCF Directors & Officers (D&O) Liability Insurance

Co-operatives with good practices in governance and armed with a Management Liability insurance plan, will stand a better chance to attract and retain good leaders and staff. For the benefit of its affiliates, SNCF has collaborated with Howden Insurance Broker to offer our SNCF affiliates with simple and affordable access to Management Liability Insurance (also commonly known as Directors and Officers Liability Insurance).

About Management Liability Insurance
Management (D&O) Liability Insurance provides financial protection for the management committee members of the co-operative in the event they are sued personally in connection with the performance of their duties in the managing of the co-operative.

Any allegation made by a third party, no matter how frivolous, needs to be vigorously defended by the committee members or otherwise, there is a risk of judgement being entered in default of a defence.

The policy covers the legal costs incurred to attend investigations and to defend cases of breach of fiduciary duty, defamation, employment related matters and other error allegedly committed in their capacity as the management of the co-operative. Compensation, including court-awarded damages and private settlement, are also covered.

For more information on the Management Liability insurance, please download the brochure. To obtain a quotation or seek clarification, please contact Howden Insurance Brokers at financial.lines@sg.howdengroup.com or 6510 3714.

 

News Highlight

World Credit Union Conference (WCUC)
World Credit Union Conference (WCUC)

  Singapore, 15 – 18 July  Credit Co-ops can apply for CCF grant to attend WCUC. The first two registrants enjoy 90% subsidy and 3rd [ ... ]

Read More ...
That's a Co-op Contest
That's a Co-op Contest

Join our "That's a Co-op" contest and win SGD100 worth of vouchers!

HOW TO PARTICIPATE?  Follow our @sncfsg instagram account

Post a [ ... ]

Read More ...
Other Articles

coop logo green text inverse

Like Us on Facebook

Subscribe

Mailing List Sign-upGet the latest Co-op news and events here. Signup now.

Terms and Conditions
Read our Privacy Policy.