Shield your business from the repercussions of poor business decisions.

Directors and senior officers are entrusted with making crucial decisions, but if these decisions lead to liabilities, the consequences can be costly. Directors and Officers Liability Insurance (D&O) provides coverage for the expenses incurred in settling claims arising from erroneous decisions. Typically, D&O policies cover costs related to errors in financial statements or oversight in enforcing human resources policies. However, it’s important to note that acts of fraud or embezzlement intended for personal gain are generally excluded from coverage.

What does D&O liability insurance cover?

D&O insurance may cover legal costs and damages paid by the individual director or by the business entity, depending on the jurisdiction and indemnification rules. It serves as a crucial safeguard against financial risks arising from managerial decisions that result in legal claims or liabilities.