Board and officer leadership in any institution faces unique risks and exposures, including lawsuits from shareholders as well as employees, competitors, suppliers and the government. Our team can construct policies that customize the protection your executives and your organization expect to run their business, and we reassess your insurance and risk management needs as business circumstances change.
Our policies provide protection to directors and officers against personal liability for financial losses, damages and expenses incurred arising out of wrongful acts or omissions in their capacity as a director or officer of a company.
Directors and Officers liability insurance coverages provide indemnity to directors and officers for:
- Legal and defense costs
- Out of court settlement