A Practical Guide to Directors and Officers (D&O) Insurance
Even well-intentioned actions can result in allegations of mismanagement or breach of fiduciary duty. In this environment, D&O insurance coverage plays a critical role in protecting individuals and organizations from significant financial and legal exposure.
What's inside the e-Book
What is D&O insurance?
Directors and Officers insurance, commonly referred to as D&O insurance, is designed to protect company leaders from personal financial losses when they are accused of wrongful acts in their corporate roles. These allegations may arise from shareholders, regulators, creditors, employees, or other stakeholders.
Why D&O risk continues
to grow
The risk landscape for directors and officers has evolved significantly over the past decade. In 2024, the median settlement for securities class action lawsuits reached $15 million, with average settlements exceeding $50 million, according to recent D&O market data (Forbes).
Who needs D&O insurance?
D&O insurance is relevant for a wide range of organizations and leadership structures. While it is often associated with publicly traded companies, the need for coverage extends far beyond that category.
