Author: Jen Scales
In her latest Forbes article, Area Senior Vice President Jen Scales delves into the complexities of Directors and Officers (D&O) insurance, emphasizing its critical role for board members. The article covers the core components of D&O coverage, helping readers understand what's included in the insurance policy. It also highlights critical questions to ask your insurance provider, ensuring that board members have the right information to make informed decisions. Additionally, the article identifies common pitfalls to avoid, steering clear of potential issues that could undermine coverage.
To illustrate the importance of robust D&O protection, a real-life case study is included, demonstrating the necessity of this insurance in safeguarding personal financial assets against management-related lawsuits.
