Directors & Officers (D&O) Insurance

• Personal Asset Protection: It ensures that the personal assets of your company’s directors and officers are not at risk in the face of legal challenges.
• Corporate Financial Security: Helps cover the costs of defending and settling claims that could otherwise significantly impact your business’s finances.
• Attracting Top Talent: Demonstrates to potential leaders that your company takes their protection seriously, making your business an attractive place to work.

• Legal Defense Costs: Pays for the legal expenses incurred in defending directors and officers against claims alleging wrongful acts.
• Settlements and Judgments: Covers the costs of settlements or judgments resulting from lawsuits against the company’s leaders.
• Regulatory Investigations: Provides protection during investigations by regulatory bodies that could lead to legal action.

• Intentional Illegal Acts: Coverage is not provided for losses resulting from intentional criminal acts or proven fraud.
• Personal Profits: Any illegal profits or remunerations gained by directors and officers that are against the law are excluded.
• Bodily Injury and Property Damage: These are typically covered under General Liability or other specific insurance policies.

The cost of D&O Insurance varies based on several factors, including:

• Company Size and Industry: Larger businesses and those in high-risk industries tend to face higher premiums due to the increased likelihood of claims.
• Claims History: A history of frequent or costly litigation can lead to higher insurance costs.
• Policy Limits and Deductibles: The level of coverage and the chosen deductible can significantly affect the premium.