Glossary

What is D&O Insurance?

Directors & Officers insurance protects corporate leaders from personal liability for decisions made in their role as directors or officers.

Full Definition

Directors & Officers (D&O) insurance provides financial protection for individuals serving as directors and officers of a corporation when they are sued for alleged wrongful acts in managing the company. D&O policies have three coverage sides: Side A covers directors/officers directly when the company cannot indemnify them (bankruptcy, legal prohibition), Side B reimburses the company for indemnification payments, and Side C covers the entity itself for securities claims. Side A coverage is considered the most critical as it is the last line of defense for personal assets.

Related Terms

Fiduciary Duty

Named Insured vs. Additional Insured

Tail Coverage

Explore More

Related Coverage & Services

Directors & Officers (D&O) Insurance

D&O insurance protects corporate directors and officers from personal liability arising from management decisions.

Fiduciary Duty

A legal obligation to act in the best interest of another party, carrying the highest standard of care in law.

Named Insured vs. Additional Insured

The named insured is the party named on the policy declarations; additional insureds are parties added to the policy for limited coverage.

Tail Coverage

An extended reporting period purchased at the end of a claims-made policy that allows claims to be reported after the policy has expired.

Business Insurance

Start Here

Have Questions About D&O Insurance?

Our advisory team can explain how this concept applies to your specific situation and help you make informed insurance decisions.

Call (800) 755-3469

Discovery

We sit down with you and ask the questions most brokers never do — your assets, your family, your business, your goals.

Strategy

We map your full risk picture and design a coordinated program that strengthens coverage and reduces your total cost of risk.

Execution

We place your program with elite carriers and handle every detail — applications, underwriting, and transitions.

Ongoing Optimization

Your advisor reviews your program as your life evolves — new assets, new ventures, new exposures — so coverage never falls behind.