What is Directors’ & Officers’ Insurance?

Directors’ & Officers’ insurance, or D&O, provides financial protection for the directors and officers of your company in the event that they are sued in relation to the performance of their corporate duties. ITIC’s D&O policy protects both individual directors from claims against them in person and also the company that has to indemnify them. It also includes, at no extra cost, coverage for employment practice liability claims from employees alleging discrimination, harassment, unfair dismissal, etc, as well as insurance coverage for the legal costs of responding to alleged breaches of corporate regulations, authority requirements or corporate statutory duties.