Directors and Officers (D&O) Liability insurance is designed
to
protect employees who serve as directors or officers of a
company
from personal losses if they are sued by the organization’s
employees, vendors, customers or other parties. D&O
insurance
can cover defence costs, settlements and other costs associated
with
wrongful act allegations and lawsuits.
Directors and Officers Insurance is an important aspect of a
corporate risk management strategy and can help your company
attract
and retain qualified executives and board members.