Directors & Officers Liability Insurance

Commercial Insurance

Protect Your Top Executives

More than 95% of Fortune 500 companies maintain director and liability insurance. Directors and officers liability insurance provides coverage for the company, its directors, managers and officers, and employees for suits alleging that their decision making caused financial harm. Some common D&O suits are due to problems with financial reporting, bankruptcy, dishonesty or fraud.

Why Do I need Directors and Officers Liability Insurance?

Directors & Officers Insurance protects your Company and the directors of your company against claims from stockholders, employees and clients. Since a director can be held personally responsible for acts of the company, most directors and officers will demand to be protected rather than put their personal assets at stake. In addition, Investors and members of your board of directors will not be willing to risk their personal assets to serve as a corporate director or officer, no matter how heartfelt their belief in your company. Finally, employment practices suits constitute the single largest area of claim activity under D&O policies. More than 50% of D&O claims are employment practices related.

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