With Directors and Officers Liability insurance Coverage.The directors and officers of your company receive financial protection while serving in those positions.

Many investors require a directors and officers liability policy to be put in place before they will fund a company. Some policies may even offer the same type of coverage for other employees.

It may cover damages that may result from committing alleged or actual wrongful acts. Examples of these acts include:

  • Error
  • Misstatement
  • Omission
  • Misleading statement
  • Breach of duty

Though they’re often confused, a D&O policy is different from an Error & Omissions policy. A D&O policy deals strictly with the performance of the executive team, rather than an error relating to the company’s products or services.