Directors & Officers Liability Insurance

Directors and officers (D&O) insurance has become more popular in recent years as high-profile cases involving the fiduciary duties of corporate leaders have brought to light the importance of protecting against corporate mismanagement.

Leaders of not-for-profit, private and public companies take actions and make decisions that can expose them to lawsuits from a number of constituents – from employees and investors to suppliers and customers. Many find it surprising, however, to learn that general liability insurance may not cover unexpected lawsuits caused by the actions and decisions of corporate directors and officers. 

Protecting the assets of both your business and its leaders from claims of corporate mismanagement is important to the long term well-being of your company. D&O insurance provides protection against the personal assets of Directors and Officers from such claims. This coverage extends to the entity as well as to other employees.