Directors and Officers (D&O)
D&O covers directors and officers of a company for negligent acts or omissions and for misleading statements that result in lawsuits against the company. There are a variety of D&O coverages:
- Corporate reimbursement coverage indemnifies directors and officers of the organization.
- Side-A coverage provides D&O coverage for personal liability when directors and officers are not indemnified by the firm.
- Entity coverage, for claims made specifically against the company, is also available.
D&O policies may be broadened to include coverage for employment practices liability.
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