SwissGuard®: Multi-coverage management liability policy

Why non-profit organizations and private companies need Directors & Officers (D&O) protection

Chapter Navigation

  1. Why SwissGuard®
  2. Key Reasons
  3. Contacts
  4. Related Solutions
  5. Links & Downloads

There is a common belief that directors and officers of both non-profit organizations and privately held organizations are not vulnerable to legal actions relating to their managerial capacities. However, the leaders in both formation types are susceptible to the same type of lawsuits publicly-traded companies are subjected to and face a host of exposures.

Swiss Re Corporate Solutions' SwissGuard® is a multi-coverage management liability policy designed for non-profit and private companies. It protects against claims deriving from mergers and acquisitions activity, financial performance, employment matters and breach of fiduciary duty, among others.

Why should your organization consider SwissGuard®?

  • SwissGuard®'s products for non-profit and privately held organizations is a comprehensive policy designed to grant protection for Directors and Officers Liability, Employment Practices Liability and Fiduciary Liability for US domiciled companies.​

  • SwissGuard® is available in all fifty states, including California. These products can be purchased individually or on a combined basis.​

  • SwissGuard® provides tailored coverage to companies across sectors, including manufacturing, professional services, healthcare, education and retail.​

Key reasons why non-profit organizations and privately-held companies face lawsuits

Further Information

Non-Profit

  • Misappropriation of funds or of mismanagement of assets
  • The Board not following the organization's mission statement or fulfilment of its charitable work
  • Conflicts of interest and self-dealing

Privately held

  • Shareholder Suits alleging inadequate or inaccurate disclosure in financial statements or private placement materials
  • Regulatory actions or investigations
  • Customer, creditors, competitor and vendor suits

Litigation stemming from the above and other allegations can affect the organization’s professional reputation and carry a financial burden that could, potentially, impact its ability to continue operating.

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