Directors and Officers Liability Insurance comes as the protection of personal liabilities for its board members and management staffs.
Directors and Officers Liability is most of the time known as D&O Insurance.
As Directors and/or Officers, you are directly and personally liable of any decision you take for the company. Knowing that, there is a large number of third-parties that may sue you for your work decision. From your shareholders to your employees, passing by government, clients and more….
D&O insurance is the key to protect company management and let them focus on their job more without fears for their personal liability.