Directors and Officers Liability Insurance

The role of directors The directors of an organization make efforts toward the growth and development of the company. They are liable to the stakeholders, business vendors, suppliers, creditors, government, and even to the business. Normally, directors and managerial officers have to take important decisions for the organization’s benefit. These decisions impact third parties too. […]

A directors and officers liability insurance covers the board of directors as well as key managerial personnel i.e. the officers of a business organization. These key personnel take important executive and managerial decisions for the firm. If they make any wrong decision or overlook an important aspect of management, they might unknowingly cause a financial […]

Organizations are at constant risk of lawsuits and third-party claims if their key personnel commit any mistakes that cause a financial loss to third parties. Though the directors and officers of the organization make decisions for the growth and development of the organization, they might make mistakes that might incur lawsuits and hefty settlements. The […]

Poor decisions or incorrect responses to events could prove financially crippling for a company’s employees, vendors, stakeholders, or other relevant third parties. If these individuals suffer due to decisions made by an organization’s directors or officers, they might file a lawsuit. Renewing the D&O liability insurance policy in a timely manner would avoid losses incurred […]