GLOSSARY
This Insurance Glossary of Terms is produced and maintained by the National Alliance Research Academy. 
If you have a comment, suggestion or question please contact us at glossary@scic.com

Disinterestedness

As related to the Business Judgment Rule, a decision must be made in an independent and disinterested manner without expecting personal financial benefit unless the decision results in a benefit to the organization and all of its stakeholders.

Do you need an answer immediately?

Check out our FAQ page!

Welcome To the Alliance!

The National Alliance for Insurance Education & Research is now the Risk & Insurance Education Alliance, or simply “The Alliance”.  For more details, please read our Press Release.