Directors and Officers Liability
Directors and Officers coverage, frequently referred to as D&O insurance, provides protection for the board of directors and the officers of a company, or organization. These coverages include defense costs, for legal action brought for alleged wrongful acts in their capacity as directors and officers. The D&O coverage will minimize the risk of the board member from losing personal assets. With todays ever growing litigious society, and stringent governance standards for businesses has resulted in increased personal risk for directors and officers who serve on boards.
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