New York-based Gulf Insurance Group, a provider of directors and officers liability (D&O) and Phoenix-based Corpedia Corporation have come together to provide incentives to reduce the risk of loss through compliance education.
The partnership will allow Gulf to apply underwriting credit for new and renewal public company customers for D&O coverage who have certified results that the company has utilized specified compliance and ethics online educational programs offered by Corpedia, with minimum completion rates for appropriate functional areas of the company staff.
Additionally, as incentive for D&O insureds, Gulf has arranged for Corpedia to provide a course on Ethics and Code of Conduct Essentials at no cost; and a 15 percent discount for the required courses for Compliance Certification.
Corpedia will provide a Compliance Certificate upon request when requisite courses have been completed. The signed certificate, along with a properly completed warranty, should be submitted to Gulf underwriters for underwriting credit.
Gulf & Corpedia’s offering will allow corporations to enforce better ethics and trainings programs in compliance with the Sarbanes-Oxley Act of 2002.
For more information, contact Jennifer Pulice at (212) 291-3087, or firstname.lastname@example.org.
Was this article valuable?
Here are more articles you may enjoy.