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Management Liability Group
Directors and Officers Liability
Directors and officers
liability claims result in millions of dollars in lawsuits each
year.
Whether your organization is public, private or a not-for-profit,
as a Director or officer you are exposed to lawsuits. Shareholder
suits over accounting fraud, mergers and acquisitions, signs of
financial weakness, management decisions and conflicts of interest.
On a daily basis, courts are overflowing with shareholders, competitors,
customers and government entities making damaging claims against
directors and officers. The settlements and awards are often in
the millions.
Directors and officers liability insurance provides specialized
coverage for the directors and officers of your company. This coverage
protects these individuals against losses that may result from alleged
errors in judgment, breaches of duty or wrongful acts in the course
of their work for your organization.
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