Directors and Officers Liability
At IAT Insurance Group, our Directors and Officers (D&O) Liability coverage is a critical component of our Management Liability unit, designed to safeguard the personal assets of corporate leaders. This coverage is essential for organizations across various industries, offering protection against claims that arise from alleged wrongful acts committed in their roles as company directors and officers.
What is Directors and Officers Liability Insurance?
D&O Liability insurance provides coverage for defense costs, settlements, and judgments that result from lawsuits alleging mismanagement, breach of fiduciary duty, or other wrongful acts. This insurance is crucial in today’s litigious environment, where executives and board members are increasingly held accountable for their decisions. Whether it’s a private company navigating complex governance issues, a not-for-profit organization dealing with regulatory scrutiny, or a healthcare institution managing compliance risks, D&O Liability coverage offers vital protection.