Company Decision-Makers May Have a Higher Risk
A decision that adversely affects shareholders, employees, customers, or creditors, or that runs afoul of a regulatory issue can lead to a lawsuit that may leave individuals personally liable. Directors & officers (D&O) liability insurance is designed to provide coverage for liability that arises out of the role of individuals who serve as directors or officers of the company.
The policy provides protection in the event of any actual or alleged error, misstatement, omission, misleading statement, or breach of duty.
A directors & officers liability insurance policy provides coverage to both individuals and the company as a result of negligent wrongful acts.
A carefully designed D&O program from Professional Solutions can help protect the personal assets of your company's directors and officers, as well as the financial well-being of the company itself.