While Directors and Officers (D&O) Liability Insurance has long been preferred by large companies that want to protect their top managers against suits by employees and shareholders, it is also appropriate for smaller companies. Regardless of the size of the company, the buck stops at the boardroom. This rationale holds true even for companies that are about to embark on an initial public offering (IPO). D&O insurance provides companies with protection against lawsuits stemming from claims that target their leadership’s failure to comply with regulations and to provide a safe and secure workplace, as well as other potential liability exposures, including shareholder suits over stock performance, losses resulting from mismanagement and operational failures, and failure to comply with regulations or laws.
For all your insurance needs, whether for your business, your auto, or your home, we design a responsible protection program for you. Our customers are given total care and consideration, regardless of the size of the account. Call us and let us assist you with all of your insurance needs.
Quick Tip: Directors and Officers (D&O) Liability Insurance helps attract top talent, who may be reluctant to join a company that does not address its exposure to personal liability.