Directors and Officers Liability Coverage
It is often assumed that Directors and Officers Liability (D&O) is just for publicly traded companies, but non-profits and private companies can also have board members who have exposure in performing their duties. Claims can originate not only from shareholders but also competitors, creditors, regulators and even clients. The costs involved in defending these claims can be substantial, as can any resulting penalties. Purchasing D&O can provide defense for the individuals serving on your board as well as protect their personal assets.
The legal environment for corporate governance is continually changing. We bring a high level of sophistication to the insurance buying process that can help you appropriately match insurance coverage with your needs, including the integration of D&O with other products including employment practices and fiduciary coverage.
