Directors and Officers (D&O) Insurance matters because it protects a company’s leaders—its directors and officers—from personal financial loss if they are sued for decisions made while managing the business. Even well-intentioned decisions can lead to claims of mismanagement, breach of fiduciary duty, errors, or omissions.
Without D&O coverage, leaders could be personally liable for legal fees, settlements, or judgments, which can be financially devastating and deter qualified individuals from serving in leadership roles.
In short, D&O insurance safeguards leadership, attracts and retains top talent, and ensures the company can defend itself and its decision-makers against costly legal claims
© CBJ NOVUS All Right ReservedBy WeDo
