Directors & Officers Liability
Directors and Officers Liability Insurance is a specific type of insurance designed to protect an organization’s directors and officers from financial loss that could result from allegations or lawsuits of wrongful acts or misconduct.
Underperformance by company
Lack of, or poor corporate governance
Breach of fiduciary duty resulting in financial losses or bankruptcy
Failure to comply with laws & regulations
Making decisions without proper authority
Employment practices & HR issues
There are other options besides Directors & Officers Liability Insurance as well. Here are two:
Cyber Insurance
This is critical for most businesses, as cyber crime is rampant at the moment. Protect yourself against loss. This can also help cover the cost of assisting clients when their data has been stolen.
Business Interruption
Should your business suffer from a flood or fire or other damage due to natural disasters, this will replace lost income and funding should you need to work out of another location for a time.
If you want to save money on your Directors and Omissions Liability policy, there are a couple of things you can do:
A number of things are not covered under this type of insurance, so best to set your expectations accordingly. What’s not covered includes fraud, intentional acts of noncompliance, illegal remuneration, property damage or bodily harm (except corporate manslaughter), fines and penalties, and any claims made under a previous policy.
It’s always smart to speak to a Financial Advisor before buying insurance – you don’t want to end up paying for something you don’t need. You can initiate an application right here:



Get Insurance to take care of Your Automobile Your Home Your Business High Risk Driving For General Liability And Much More...
World-class coverage
at the click of a button.