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What is Directors & Officers Liability (D&O) Insurance?
What is Directors & Officers Liability (D&O) Insurance?

Learn why your company needs Directors & Officers Coverage

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Written by Ryan Capra
Updated over 4 years ago

What

D&O Insurance protects the assets of the company and/or its directors & officers in the event of litigation.

Why

A company’s directors & officers are increasingly named in lawsuits brought by shareholders, regulators, creditors, customers, and vendors claiming mismanagement, negligence, or discrimination while overseeing the company. Approximately 25% of private companies experienced a D&O claim with an average cost of $399,000.

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