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.
What is the difference between being ânamed insuredâ and being added as âadditional insuredâ? Named Insured This term refers to the person who is the direct owner of the insurance policy, who originally purchased the coverage and whose name is identified on the declarations page of the policy.