Directors & Officers Liability Insurance
Directors and Officers (D&O) insurance has become a necessity as high profile cases involving the actions and decisions of corporate leaders have brought to light the importance of protecting their personal assets as well as that of the corporations.
Leaders of private and public companies take actions and make decisions that can expose them to lawsuits from any number of constituents – from employees and investors to suppliers and customers. Many find it surprising, however, to learn that general liability insurance may not cover unexpected lawsuits caused by the actions and decisions of the corporate directors and officers.
It’s important to know if you’re protected.
Protecting the assets of both your business and its leaders from claims of corporate mismanagement is important to the long term well-being of your company. D&O insurance provides coverage for the individual Directors and Officers as well as the entity and other employees.
At Lyceum, we’ll help you understand the difference in protections between general liability and D&O to determine where your risks lie and how best to manage them.
Take the Next Step:
The content on this website is descriptive only. Actual coverage is subject to the language of the policies as issued.
