The frequency of director and officer liability exposures, and the amount of damage awards are rapidly increasing, leaving no companies safe from claims.
It is important to provide adequate coverage to attract directors and officers to company boards.
Likewise, when considering joining a board of directors, be sure the company’s policy covers claims against directors and officers.
Directors and officers (D&O) insurance is a unique insurance product. This important coverage should be obtained from an insurer that has significant. D&O insurance experience that can address the complex legal and risk management issues.