Directors & Officers Liability Insurance
Directors & Officers Insurance or other known as D&O Insurance or Directors & Officers Liability Insurance is a must for any company or non-for-profit that has a board of directors and officers. This Insurance Coverage protects the personal assets of corporate directors and officers, and their spouses, if they are personally sued by employees, investors, competitors, suppliers, or other parties, for the actual or alleged wrongful acts with managing a company. It also protects the company as well.
Directors and Officers Insurance often acts as the financial backing for the hold harmless indemnification agreement that directors and officers look for that holds them harmless for losses the companies incurs during their role with the company.
Why would someone sue a Director or Officer?
Failure to comply with workplace laws
Lack of Corporate Governance
Misuse of Corporate Funds
Misrepresentation of Company Assets
Theft of Intellectual Property
Breach of Fiduciary Duty
Does my business need D & O Insurance?
Any type of business with a corporate board or advisory committee would have a Directors and Officers Liability risk.
Feel free to use Wexford Insurance as a resource for your Directors and Officers Liability Insurance needs. If we cannot help you, we will point you in the direction of someone who can.
Wexford Insurance works with top insurance companies to provide you with affordable and quality insurance. We will never sell your information and our services are free of charge. Give us a call today at (317) 910-9295 or fill out the link below to start the quoting process.
Click to request a free quote!
Wexford Insurance focuses on Indiana Directors & Officers Insurance and insures businesses across the state of Indiana
Indianapolis - Greenwood - Evansville - Fort Wayne - Bloomington - Fishers - South Bend