What is D&O Insurance and why is it important, especially for privately held companies? The basic premise of private company D&O is to protect the directors, officers, and other company leaders from crushing legal fees and settlements that arise from lawsuits that allege wrongdoing in managing the affairs of a company. These lawsuits often name … Read More
Protecting the decision-makers in mid-sized firms with D&O Insurance.In today’s litigious business environment businesses of all sizes must be prepared for potential legal challenges. One of the key risk management strategies businesses can deploy is the purchase of Directors and Officers insurance. In this article, we’ll answer the question: Why businesses need directors and officers … Read More
A D&O policy commonly has three sides or parts which are identified as Side-A Side-B and Side-C. This is true in both the private company D&O market and public company D&O market. In this article we discuss how Dedicated Side-A Coverage fits into a management liability program. As a refresher, Side-A protects the organization’s directors … Read More
Who is Insured on a D&O policy? In the past, I’ve had clients call and ask me to add new directors who have just joined their board to their D&O policy. Some leaders believe that the D&O policy has a schedule of named insureds, so I thought a quick video on who is actually defined as … Read More
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