Directors & Officers

Overview

People are not perfect. thus, the need for directors and officers liability insurance, which covers claims made against a person while serving as a director or officer of a company or on a board of directors. It serves as a kind of management errors and omissions liability coverage and helps cover defense costs and damages arising out of wrongful act allegation and lawsuits brought against an organization. It protects the directors and officers themselves from being held personally liable.

All organizations and the people who lead them are vulnerable to many exposures. Take action and get with an IOA advisor to make sure your organization is poised to protect its leadership at all times.