Directors and Officers Insurance

We all want to attract and retain quality staff for our companies. Regardless of talent and qualifications, we're all human. We are prone to making mistakes. Even the most seasoned business professionals, including board members and C-Level executives, are prone to human error.

So how does your company protect itself from exposures to its Directors and Officers?

What you will learn: 

What is D&O Insurance?

Directors and Officers Insurance, often called "D&O" is a type of professional liability insurance providing coverage for individuals serving as board members or officers of a company.

What does D&O Insurance Cover?

D&O Insurance covers exposures such as:

  • Litigation
  • Misuse of company funds
  • Actual/alleged wrongful actions
  • Regulatory actions
  • Shareholder grievances
  • Fraud

WATCH: D&O Insurance in 60 Seconds.

 

AAccording to Chubb Insurance,
1 out of every 6 executives has experienced

a D&O related lawsuit in the past 5 years. 

Why should you consider D&O Coverage?

No matter how prudently our managers may act and how strong their ability to make good judgments might be, the smallest errors can result in huge losses for the company, in which they can be held personally liable. These exposures won't affect your organization alone... they can also harm your stakeholders!


Want to learn more about Directors & Officers Insurance?

#Commercial Insurance #Insurance in 60 Seconds