Errors & Omissions (E&O) | Directors & Officers (D&O) Liability Insurance Coverage for Self-Insurance Pools and their Sponsoring Associations
In 1981, BRPS introduced its Trustees' E&O Insurance Program to address the specific E&O (Errors and Omissions) and D&O (Directors and Officers) Liability Insurance needs of self-insurance pools, trusts and funds. Since that time, BRPS has cultivated exceptional knowledge of self-insurance pooling, as well as expertise in claims handling.
BRPS Trustees' E&O Insurance Program for Self-Insurance Pools covers the self-insurance entity, its Trustees, employees, and duly constituted committees. Optional coverage is available to the sponsoring association to cover the association, its Directors and Officers, and employees. Additionally, optional coverage may be available to subsidiaries providing services such as insurance brokerage, claims administration, loss control, and/or self-insurance program administration.
Coverage is provided to the self-insurance pool in the event that claims are made against the self-insurance pool for wrongful acts committed by a Trustee, Director, Officer or Employee of the self-insurance pool.
Trustees, Directors, and Officers
Trustees, Directors and Officers of a self-insurance pool can be held personally liable for their acts. This policy specifically includes the Trustee, Directors and Officers of a self-insurance pool to help protect their personal assets.
Employees of the Self-Insurance Pool
In many instances, employees of a self-insurance pool, including employed administrators, will be named in a suit. This policy provides coverage to the employees for authorized actions performed on behalf of the self-insurance pool.
Many self-insurance pools are sponsored by a not-for-profit association, public entity association or trade association. With BRPS' Trustees' Errors and Omissions Insurance plus Directors and Officers Liability for Associations with Self-Insurance Pools, coverage is provided to the sponsoring association, and the sponsoring association's Directors, Officers and employees.