What is Directors & Officers (D&O) coverage?
Liability insurance covering the board of directors for ‘wrongful acts’ or ‘mistakes’ in their decision-making processes.
Liability insurance covering the board of directors for ‘wrongful acts’ or ‘mistakes’ in their decision-making processes.
General Liability covers physical accidents (e.g., slip and fall, property damage), while Directors & Officers (D&O) Liability covers decisions made by the board, protecting against lawsuits alleging a breach of fiduciary duty or failure to enforce bylaws.