D&O Insurance to Protect Your Executive Leadership

The landscape of corporate governance is complex, and executives and directors in today’s business environment face unique challenges. Comprehensive insurance coverage tailored specifically to address the risks associated with executive leadership is crucial.

D&O insurance (directors and officers insurance), also known as executive risk insurance, is designed to protect corporate executives, directors, and officers from personal financial losses arising from claims of wrongful acts in the performance of their duties. Safeguarding the personal assets and reputations of executives and directors is essential, and a RIG risk advisor can help you navigate the complexities of executive risk management with confidence.

D&O insurance can provide coverage for legal defense costs, settlements, and judgments resulting from lawsuits alleging wrongful acts such as negligence, errors, omissions, or breaches of fiduciary duty committed by corporate executives and directors.

Executive Risk Coverage Solutions

Additional executive risk coverage solutions designed to protect your executive leadership that fall under D&O insurance include:

Management Liability Insurance

A broader form of coverage, management liability insurance includes D&O insurance as well as coverage for employment practices liability, fiduciary liability, and other management-related risks.

Employment Practices Liability Insurance

Employment practices liability insurance (EPLI) protects executives and directors from claims of discrimination, harassment, wrongful termination, and other employment-related issues.

Fiduciary Liability Insurance

Fiduciary liability insurance provides coverage for claims alleging breaches of fiduciary duty in the management of employee benefit plans, such as pension plans and retirement funds.

E&O Insurance

E&O insurance (errors and omissions), also known as professional indemnity insurance, provides coverage for claims alleging professional negligence or errors in the performance of professional services.

Corporate Governance Insurance

Corporate governance insurance covers a wide range of governance-related risks, including compliance failures, regulatory investigations, and shareholder lawsuits.

Entity Coverage Insurance

Entity coverage insurance provides coverage for the corporate entity itself in the event that indemnification is unavailable or insufficient to cover losses resulting from claims against executives and directors.

Side A Coverage

Side A coverage, also known as non-indemnifiable insurance, provides coverage directly to executives and directors for losses not covered by indemnification or entity coverage.

Cyber Liability Insurance

Cyber liability insurance for executives is another important component of D&O insurance, providing coverage for losses resulting from cyberattacks, data breaches, and other cyber-related risks. In today’s digital age, cyber threats are a constant concern for executives and directors, and cyber liability insurance can help mitigate the financial impact of cyber incidents and protect personal assets.

Talk to a RIG Risk Advisor Today