Directors & Officers Liability provides financial protection for the directors and officers of your company in the event they are held legally liable in conjunction with the performance of their duties as they relate to the company.

Typical sources of claims include shareholders, shareholder-derivative actions, customers, regulators, competitors (for anti-trust or unfair trade practice allegations).

D&O insurance is usually purchased by the company itself, even when it is for the sole benefit of directors and officers. Reasons for doing so are many, but commonly would assist a company in attracting and retaining directors.