An LLC isn’t going to save you personally when your company gets sued. We have witnessed the debates between attorneys and risk management professionals over the years. The truth is: the corporate veil can be pierced and your assets are at risk. Litigation for Directors & Officers, Employment Practices, and Fiduciary Liability have grown substantially in recent years.
One tool that Risk Managers at Ovation Insurance use is an in-depth study of private middle market companies nationwide. Because of the valid statistics and benchmarking data, our clients are informed about the risks they face as owners and officers of a private company. However, like everything else, Ovation Insurance is also equipped to give you the tools you need to combat these trends. Call or email me today to obtain a complimentary copy of the private company survey. You can also download it HERE. This information may just save your assets.