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What is Directors and Officers Insurance

What is Directors & Officers Insurance

What is Directors and Officers Insurance?

Directors and Officers insurance (D&O) is designed to protect a company and its leadership (directors and officers and key executives) against the potential consequences of alleged wrongdoings, such as financial mismanagement, misappropriation of funds, and negligence. A directors and officers policy can pay legal fees, damages, agreed-upon settlements, and some civil penalties. Depending on the policy, you may also get help for investigative costs.…

Posted in D&O Insurance, Directors & Officers Insurance, Directors and Officers Insurance | Also tagged , , , , , , , , , Comments Off on What is Directors and Officers Insurance
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