Let's get you started with your
Directors and Officers Insurance
Compare Coverages, and find a policy that fits your company needs.
Call (949) 359-1380 - (713) 392-6682 to speak with a licensed insurance broker.
What is Directors and Officers Insurance, (D&O), and who needs it?
A type of liability insurance covering directors and officers for claims made against them while serving on a board of directors and/or as an officer. D&O liability insurance can be written to cover the directors and officers of for-profit businesses, privately held firms, not-for-profit organizations, and educational institutions. In effect, the policies function as "management errors and omissions liability insurance," covering claims resulting from managerial decisions that have adverse financial consequences.
Who needs workers' compensation?
If you have a board of directors
What does D&O cover?
Directors and officers is a type of liability insurance that covers individuals for claims made against them while serving on a board of directors and/or as an officer. This type of policy can be written to cover directors and officers of for-profit businesses, privately held firms, not-for-profit organizations and educational institutions. There are several elements—called “Sides”—to a D&O policy, including:
Side A—Protects a corporation’s directors and officers when the company cannot indemnify the individuals.
Side B—Reimburses the organization when it indemnifies the individuals, thus protecting the company’s balance sheet
Side C—Also known as “entity coverage,” this eliminates disputes of coverage allocation when both the directors and officers and the insured organization are named as co-defendants in a securities lawsuit.
A wide range of claims against a business have the potential to target company leadership for responsibility—and liability. Business leaders can be held responsible for a company’s failure to comply with regulations and to provide a safe and secure workplace. In addition, if a company is found liable for losses because of operational failures and mismanagement, directors and officers may be exposed to liability as well.
Failure to comply with regulations or laws
Actual or alleged wrongful acts
Related defense costs
Whats Not Covered?
Pending and Prior litigation
Bodily injury and property damage
Insured versus insured claims
We’re here to help you find and purchase the best Directors and Officers Liability policy for your business!
Need more information, no problem, just give us a call (949) 359-1380 - (713) 392-6682, a licensed professional will be more than happy to answer all your questions.
Check out others coverages available to you and your business:
Have a dedicated Peloton Insurance Broker review your current plan and work with you to devise the right coverage to meet your growing needs and mitigate risks to your business.
Just give us a call (949) 359-1380, a licensed professional will be more than happy to answer all your questions.