D&O Liability Insurance

Directors and Officers Liability Insurance (D&O Liability Insurance), provides financial protection for the directors and officers of a company in case they are sued due to their performance as related to their position. Rapidly becoming a must in the corporate world, D&O Liability Insurance is also used to attract the best candidates while ensuring they are protected from lawsuits related to their job.

Directors and officers of companies can be held liable for damages if they breach their contracts or fail to perform their duties. Directors’ liability insurance is the protection companies need to protect themselves, and their directors and officers, from this type of lawsuit.

Lawsuits covered under D&O Liability Insurance can derive from shareholders, customers, regulators, and even competitors in the case of anti-trust or unfair business practice suits. Since there is a wide variety of potential sources of lawsuits, D&O Liability Insurance is an essential part of a firms insurance portfolio.

Contact us for further information and details concerning D&O Liability Insurance scope and terms as specified in the policy wording.