Business | Directors & Officers Liability (D&O)

Protects Officers and Directors of a corporation against damages from claims (usually brought by stockholders) resulting from negligent or wrongful acts in the course of their duties.  It also covers the corporation (and even the officers and directors in some cases) for expenses incurred in defending lawsuits arising from alleged wrongful acts of officers or directors. These policies always require the insured to retain part of the risk.