Directors & Officers Liability Information
Your company does not have to post revenue in the millions for your directors and officers to be sued over mismanagement. Any business with a corporate board or advisory committee should consider investing in D&O insurance. And it's a misconception that D&O claims will only be made against public companies. Private and non-profit companies are just as vulnerable. Employees, shareholders, customers, and stakeholders are able to make claims against a company and its directors for various wrongful acts. Whether grounded or frivolous, the resulting legal expenses and reputation damage can be extensive. Directors and officers can also be held personally liable for the acts of a company, which puts their personal assets at risk as well.
Let us help you review the risks and exposure for your business, and leave it up to us design an appropriate insurance solution that would respond to adverse consequences.