Directors and Officers Insurance

Directors and Offers Insurance

Directors and Officers (D&O) insurance is a specialized liability insurance designed to protect corporate directors and officers from personal financial losses if they are sued for alleged wrongful acts while managing a company or organization. It covers legal defense costs, settlements, and judgments related to claims brought by shareholders, employees, customers, or other third parties. The insurance also often reimburses the company if it indemnifies its directors or officers for these costs.