Directors and Officers face significant management liability exposures. Management Liability, also called Directors and Officers Liability (D&O), offers liability coverage solutions for company directors, officers, Trustees, and management who make decisions on behalf of the company. It is important to note that this coverage does not extend to all employees.
Typically this coverage is not included in a standard Business Owners Policy and would need to be purchased as additional coverage.
Management Liability Insurance may also include a number of other insurance solutions depending on your policy and can be customized to suit your needs.