Directors & Officers Insurance Policy
One of the most important ways to protect the directors and officers of your company is by way of a Directors & Officers (D&O) Insurance policy. Such a policy can also be a strong recruiting tool to bring on more qualified workers.
Allegations of misrepresentation, breach of fiduciary duties, or perceived conflicts of interest can trigger claims against directors and officers. Such claims can come from customers, competitors, government entities, and even employees.
A strong D&O insurance policy will provide protection for both the organization and the personal assets of the directors and officers, including spouses and domestic partners.