Martino West

 
 

Directors & Officers Liability (D&O)

Directors and Officers Liability Insurance provides financial protection for the directors and officers of your company if they are sued for alleged wrongful acts in conjunction with the performance of their duties as they relate to the company.

Directors & Officers Liability Insurance can include Employment Practices Liability, which covers harassment and discrimination suits, a large area of exposure for directors and officers.

Directors and Officers Liability Insurance (D&O) is often confused with Errors & Omissions Liability Insurance (E&O). E&O is concerned with performance failures and negligence with respect to products and services, while D&O is concerned with the performance and duties of management. Generally it is a good idea to carry both types of liability insurance.