Directors & Officers Insurance
Protect your directors, officers, and board members from personal financial liability arising from management decisions.
Directors & Officers (D&O) Insurance protects company leaders from personal financial loss if they’re sued over decisions made while managing the organization.
It covers legal defense costs, settlements, and related expenses stemming from claims such as mismanagement, breach of duty, or misleading statements.
Whether you operate a private company, nonprofit, or homeowners association, D&O insurance helps leaders make confident decisions—without putting their personal assets at risk.
What is D&O insurance?
D&O insurance provides protection when directors, officers, or board members are accused of wrongful acts related to management decisions. Coverage can apply to claims brought by employees, investors, customers, regulators, or competitors.
Common allegations include:
Breach of fiduciary duty
Misuse or mismanagement of company funds
Misrepresentation of assets or performance
Failure to comply with regulations
Negligent management or decision-making
What does D&O insurance cover?
D&O insurance typically includes coverage for:
Legal defense costs — attorney fees, court costs, and settlements
Claims alleging mismanagement — errors in judgment or failure to act
Breach of fiduciary duty — failure to act in the best interest of stakeholders
Misrepresentation — misleading statements regarding finances or operations
Regulatory investigations — defense against certain government or shareholder actions
Who needs D&O insurance?
If your organization has officers, directors, or board members making management decisions, D&O insurance is worth serious consideration. Even small businesses and nonprofits face leadership-related claims.
You should consider D&O insurance if your organization:
Has a board of directors or advisory committee
Seeks outside investors, donors, or funding
Manages funds on behalf of others
Makes HR, financial, or strategic decisions that affect employees or stakeholders
Operates as a nonprofit or HOA with volunteer board members
Special note for HOAs
Homeowners Associations face unique D&O exposures. Board members can be sued over financial oversight, vendor disputes, enforcement of rules, or governance decisions.
D&O insurance helps protect volunteer board members from personal financial risk while serving their communities.
Why it matters
D&O coverage is often required by investors, lenders, board members, or key executives. It demonstrates that your organization takes governance, risk management, and leadership protection seriously.
Even unfounded claims can result in significant legal costs. D&O insurance ensures your leaders have support when it matters—so they can focus on growing the organization, not defending themselves.
Give your directors and officers the protection they need to lead with confidence—without personal liability distractions.