[Board] D&O Insurance
pramsey at refractions.net
Wed Jan 30 08:30:36 PST 2008
Interesting. It includes you, but only if you're sued in the USA or
Canada. If you are sued in an Italian court, presumably not.
On Jan 29, 2008, at 11:18 PM, Jeroen Ticheler wrote:
> I would also like to understand if this covers "us non-American"
> officers/directors? I read:
> "Territory: Added by Endorsement
> The insurance provided by this Policy applies to Wrongful Acts
> anywhere in the world, provided that the Claim is brought against
> the Insured within the United States of America, its territories or
> possessions or Canada."
> Not sure if this excludes us or not?
> On Jan 29, 2008, at 8:32 PM, Dave McIlhagga wrote:
>> Thanks for bringing this up Tyler.
>> Can we discuss at our next Board meeting before going much further
>> on this? I understand why it's done -- I just want to make sure
>> from a financial standpoint we're ok with adding this to our budget
>> for 2008.
>> On 29-Jan-08, at 1:41 PM, Tyler Mitchell (OSGeo) wrote:
>>> Hi all,
>>> I've had directors and officers insurance on the back burner for
>>> too long. I have a very old quote for getting coverage for about
>>> $3,100. The point is to protect you and other OSGeo officers from
>>> liabilities. I would like to pursue this still but want to get
>>> approval to spend that amount before starting down the track
>>> again. The topic came up recently on a non profit technology
>>> foundations list I'm on and reminded me of its importance.
>>> Last year I was asked to pursue it but didn't get it completed all
>>> the way. Can I get a nod of approval to carry on with getting
>>> quotes again and following through with payment?
>>> p.s. will send confidential quote in other email
>>> Board mailing list
>>> Board at lists.osgeo.org
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>> Board at lists.osgeo.org
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