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Tender Details
- Country: Belgium
- Summary: Taking out Directors' Liability Insurance
- BET Ref No: 110604952
- Deadline: 06 Jan 2025
- Competition: ICB
- Financier: Self Financed
- Purchaser Ownership: Public
- Tender Value: Refer Document
- Notice Type: Tender
- Document Ref. No.: 2024001_Bestuurdersaansprakelijkheidsverzekering_pub01
- Purchaser's Detail :
- Description :
- The OFP Pension Fund of the province of East Flanders wishes to take out directors' liability insurance. The OFP manages considerable capacity and therefore wants to insure its directors against, among other things, management errors, common mistakes, violations of the law, ... The insurance to be taken out must at least cover: • the civil and criminal defense costs; • the reimbursement of the expenses when the OFP has advocated the defense costs or the amount of compensation in the event of covered damage; • the costs of the composition of the criminal deposit; • the liability of persons who have received a mandate from the OFP in an external entity; • the costs of the personal defense in the context of investigations; • the costs for the reputation repair of the OFP when damage to the image is the result of a covered damage; The covered defense costs, research costs and costs for reputation repair must also be advanced.
Type: Services
Professional Liability Insurance Services (66516500) - Documents :
Purchaser : OFP PENSIOENFONDS FROM THE PROVINCE OF EAST FLANDERS
Belgium
[Disclaimer: For Exact Organization/Tendering Authority details, please refer to the tender notice.]
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