Directors and Officers Coverages

Directors and Officers owe certain duties and are responsible for exercising recognized standards of care in managing the corporations they were elected or appointed to serve. When others allege that Directors fail to perform these duties and the result is financial loss to investors or to the corporation, Directors face a optential for significant financial loss.

Directors and Officers Liability policies came into being to address this exposure to Directors. Talk with a PA&T professional to develop a D&O program that is appropriate to your business.