(E&O) insurance indemnifies businesses, employees, temporary staff, and independent contractors against claims of negligence or failure to perform with regard to products or services. After all, even businesses that simply offer professional consulting and advisement, rather than tangible products, can encounter unexpected liability risks.
(D&O) insurance insulates company Directors and Officers from potential liabilities that may arise as a result of the performance of their corporate management duties. This type of coverage ensures that Directors and Officers are not discouraged from taking reasonable and necessary risks in the course of conducting business.
Stearns Reed will assist producers in obtaining these insurance coverages for almost any type of film or television production.
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