Directors & Officers Liability Insurance

Directors & Officers Liability Insurance

  • Helps cover defense costs for civil or criminal proceedings as well as resulting judgments or settlements.

  • Provides coverage for directors or officers who could be found personally liable for actions taken on behalf of their organization.

  • Provides protection in cases where corporate indemnification is insufficient, unavailable, or limited by government statute.

Whether you lead a professional firm, a private or public company, a nonprofit organization, or a financial institution, Directors & Officers Liability (D&O) Insurance is essential for protecting your leadership and outside directors who guide the organization.

D&O claims are increasingly common, as are attempts to hold directors and officers personally liable for the professional decisions they make, placing their personal assets in jeopardy.

D&O protects the assets of an organization, its directors and officers, as well as the personal assets of a directors or officer, his or her spouse or domestic partner, or in the case of a deceased director or officer, his or her estate.

Common exposures can include allegations of misrepresentation, conflict of interest and other breaches of fiduciary duties; regulatory actions; and securities litigation, with litigation initiated by employees, shareholders, customers, competitors, and government regulators.

Failure to provide D&O protection can impact an organization's ability to recruit and retain high-caliber leadership.

ProDefender's experienced agents can identify the appropriate D&O protection for your organization, advise on Side A Excess and other coverage options, and evaluate the latent exposures that can exist with subsidiary, partnership, franchise, or venture capital structures; advisory boards, ad hoc committees and the like; and local, state, or regional affiliates or chapters.

ProDefender D&O coverage is underwritten by top-rated carriers with impeccable financial backing—many with names you know and trust. We provide coverage of all sizes of businesses and organizations in every state. Contact us today to keep your directors and officers safe from harmful claims.

Are you an officer or director for a nonprofit or for-profit entity with uncertain D&O coverage? Call ProDefender to learn about options to increase your protection.