Employee Benefits

The Employee Benefits Division of The Partners Group serves the employee benefit needs of over 500 West Coast employers, with offices in Portland, Lake Oswego, and Bend, OR; Bellevue, WA; and Bozeman MT. Our benefits consulting team specializes in providing a highly-consultative approach coupled with problem-solving wellness analytics, to help employers reduce healthcare costs, improve employee health, and create long-term health plan stability.

Business Consulting

The Business Consulting Division of The Partners Group is dedicated to consulting with healthcare systems and jumbo employers to manage the health and well being of their employees, families, and communities. Our focus is to provide an innovative, solution-oriented service that capitalizes on data to pinpoint potential problems. Whether it be uncovering potential sources of escalating healthcare costs, or other anomalies in data, this service provides endless, problem-solving advantages to a variety of industries.

Commercial Insurance

The Partners Group Commercial Insurance Division manages the business risks for hundreds of employers. We provide an unmatched depth and breadth in commercial insurance and risk management services combined with extraordinary people who possess an unusual ability to connect on a personal level. We work hard to understand the unique risks and exposures of your business, and identify the solutions to provide the right coverage for the right price. As an independent company The Partners Group can tailor solutions to work specifically for you, even creating new policies and programs, if that’s what you need.

Private Client Services

The Partners Group Private Client Services Division advises business owners and high income shareholder groups comprising just over 3,200 successful individuals, families and medical professionals on investment services, retirement planning, and personal insurance. We’ve been in business for over 30 years as a privately held company based in the Northwest, and we’re here to stay. Additionally, we are not tied to products and plans. We provide various platforms and a multitude of options to fit your needs, which can change over time as your life changes. When you work with TPG Private Client Services, you’re dealing with the shareholders of this firm, and we are honored to play a role your life, your family’s lives, and your next generation’s lives.

D & O Coverage 2017-07-18T16:10:48+00:00

Common Insuring Agreements in Directors & Officers (D&O) Policy

Side A

Side A is the most commonly purchased part of a D&O policy and is the agreement that offers coverage when an organization is unable or unwilling to indemnify its directors and officers. It is referred to as the personal protection part of a D&O policy. Over the years, one of the most common triggers for this coverage has been bankruptcy, but the list of potential claims that would trigger the coverage is quite long (including a derivative suit). The Side A agreement in the insurance policy typically does not have a deductible which is why most brokers refer to it as first-dollar coverage. Side A can also be very attractive, particularly to outside directors who are putting their personal assets at risk. Although most organizations provide broad indemnification language to their board members through corporate bylaws, if there is no money available to make good on the promise within the bylaws, the D&O policy can fill this gap.

Side B

Side B is the part of the D&O policy that reimburses a company when it is obligated to pay for suits against its directors and officers. This agreement in the insurance policy typically has a deductible and therefore is not considered first-dollar coverage. Deductibles for Side B can range from a few hundred dollars to several thousand or even a million dollars, depending on the size, cash position, and risk appetite of the company.

Side C

Side C of the D&O policy is very commonly referred to as entity coverage and like Side B, it is not a first-dollar coverage (a deductible will typically apply). It covers the company itself whenever a suit is brought directly on the organization, usually in conjunction with the Directors and Officers. Private companies have the option of purchasing a more robust version of this insuring agreement when compared to their public counterparts due to the fact that Side C will only cover a public company for securities claims.

Learn more about the Commercial Insurance Division of The Partners Group

Download our informational sheet on Commercial Insurance

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Video & Article

Old School Protection in a Modern World
Check out The Partners Group Video & Article in Seattle Business Magazine:

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