An executive director within a company or an organization is usually from the board of directors and oversees a specific department within the organization such as Marketing, Finance, Production and IT.n executive director within a company or an organization is usually from the board of directors and oversees a specific department within the organization such as Marketing, Finance, Production and IT.
Definition of Named Insured. A named insured is essentially the owner of the car insurance policy. The named insured purchases the insurance policy and is protected by its coverage. Being the owner of the vehicle, however, some standard and non-standard companies do not require the named insured to be titled to the vehicle.
The insured is the person or entity who is covered by the insurance policy. The insurer is the entity (insurance company)that pays to, or on behalf, of the insured for a cover â¦ ed loss.That which is covered by the policy is set forth in the insurance policy.he insurer is the entity (insurance company)that pays to, or on behalf, of the insured for a cover â¦ ed loss. That which is covered by the policy is set forth in the insurance policy.