More than ever, businesses face exposure to litigation and other actions from shareholders, employees, and customers; actions which can threaten the financial stability of a company and of its executives. While working towards the achievement of best practices, following through on the modern demand for greater board transparency, and otherwise improving business relations are fine and admirable goals, many organizations are finding it necessary to protect themselves further by investing in relevant insurance products. MDS is a major provider of executive financial risk solutions for professionals and companies –as well as non-profit organizations– interested in limiting their exposures to today’s complex yet important business risks.
In certain fields, such as those through which the world’s financial system functions, the risk of litigation and related loss to executives can be especially pronounced. But this doesn’t mean that those in other areas of business are in the clear. On the contrary, any type of business or organization has the potential to meet with the challenge of litigation at some point, which means that every business should secure a reliable assessment of their exposure and the measures available to limit that exposure. At MDS, we serve many professionals, companies, and not-for-profit groups representing a wide array of fields and industries. Just as area of expertise isn’t necessarily an indication of executive financial risk, size does not create immunity either; whether we’re working with an individual, a small team, or a large corporation, we make sure our client is effectively protected from the risks to which they’re exposed simply by doing business in today’s society.
With increasing news coverage of court proceedings against professionals and a great deal of public sympathy for partners, clients, and employees who feel they have been wronged by executives, it may seem that making bold moves and doing what’s best for business is no longer a feasible option. Yet, the world relies on executives to make these tough choices, and to help drive progress and innovation. MDS believes that executives and organizations shouldn’t have to jeopardize their work because of worries related to executive financial risks. Our products and services are designed to help professionals focus on what they do best.
From publicly-traded companies to private businesses, charity organizations to start-ups, we know what works best for keeping today’s professionals strong and capable in the face of escalating threats to financial stability. With our team of specialists backed by an international network proficient in the nuances of executive risk around the world, we’re well-equipped to make executive financial risk manageable. Our products are designed to address a variety of issues relevant to executive risk, including directors and officers covers, professional indemnity, employment practices liability, fiduciary liability, kidnap & ransom, and beyond. No matter the scope of your work or the nature of your business relationships, MDS can help you find the very best solution. Contact us to discover your options for achieving optimal protection.