Directors and Officers Liability Insurance coverage is an essential part of managing a private or publicly traded company in today's litigious environment. Directors and Officers are held to a high standard and have legal responsibilities to shareholders, investors, creditors, employees and others. The role has evolved over the past decade into much more than a prestigious title and rubber stamp approval of management decisions. The public is increasingly holding them responsible for the day to day operations of the related companies.
Our Professionals analyze each of our client's needs and match the benefits of D&O insurance with the risks of managing a business. Recent court settlements have caused underwriting results at many insurers to plummet in the past year. We believe with the downfall of the stock market and the number of failed venture capital pursuits that this trend will continue for the foreseeable future. |