Products
Directors & Officers Liability
Directors & Officers Liability coverage provides protection for the personal assets of directors and officers against liability resulting from their management responsibilities in a corporate setting.
Claims against Directors and Officers arise out of their management actions and are as varied as the corporations they govern. Claims against directors & officers typically take the form of:
- Direct shareholder actions
- Derivative actions brought in the name of the corporation
- Employment related practices
- Actions brought by competitors, vendors, suppliers, regulators or creditors, etc.
Companies usually purchase Directors & Officers Liability insurance to protect their management team from liability arising from their service to the corporation.
Read more about the Directors & Officers Liability coverage by clicking on one of the following links: