Directors & Officers Liability

Overview

Directors & Officers Liability (D&O) covers a Board of Directors for claims involving actual or alleged wrongful acts made against them while serving as an officer.  The Board of Directors is provided protection from personal liability from their managerial decisions, while serving on the board.

 

From private and public corporations to non-profit entities, all Board of Directors benefit from a Directors & Officers Liability Policy tailored to their unique needs.

Product Limits

$500,000+

Stand-alone or Shared Limit options

Carriers

AM Best "A" rated carriers

Admitted and Non-Admitted

Territories

Available in all states

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Highlights

Broad definition of Director and Officer

Broad definition of claim

Favorable venue wording for punitive, multiple, or exemplary damages

Defense outside of the limits available

Modular policy forms available to provide broader risk management

Crisis Management Endorsement

Target Businesses

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Submit D&O Liability easily with Novum Online

Private Companies

Public Companies

Not-For-Profit Organizations