Directors and officers Insurance
Directors and Officers Insurance
Request a QuoteDirectors and officers liability insurance covers directors and officers for claims made against them while serving on a board of directors and/or as an officer. We’ll work with you to protect your organization’s greatest asset: your senior leadership.
Protection from bad business decisions.
Directors and senior officers in a business are paid to make big decisions, but if those decisions are wrong, things can get very costly. Directors and officers (D&O) liability insurance covers the costs of settling claims for damages that result from poor decisions. Usually, D&O policies cover costs relating to wrongful decisions, but not those decisions that are classed as criminal acts or that are designed to personally benefit the director.
What is covered by D&O liability insurance?
Examples of events covered by directors and officers (D&O) liability insurance can include mistakes or missing information in company accounts or other financial documents, or failing to properly enforce human resources policies. Depending on the state the business is based in–specifically, its rules on director indemnification–the policy could cover damages and costs paid by the individual or by the business.
Important policy options to consider.
It’s always important to check the details of a D&O liability insurance policy carefully, as the coverage period may detail when the claim against the person is made, not when the failing or mistake happened.
Why We're Different
While most insurance products are similar in price and function, insurance providers vary when it comes to structuring a policy tailored to you.
After all, there’s no such thing as a one-size-fits-all insurance policy when it comes to your business.
Contact us today, and we'll help you protect what matters most.