Directors and Officers Liability Insurance (D&O)
Company officers and Board of Directors face a unique risk in today’s challenging business, legal and regulatory environment. They may be personally sued for acts related to their management responsibilities. Commercial liability and umbrella policies don’t insure against management liability claims.
D&O insurance helps protect executives against lawsuits
Employees, creditors, vendors and customers are some of the parties that file claims against companies and their officers. Adding a D&O insurance policy to an overall risk management program protects the personal assets of both company officers and Board members.
GNY offers D&O liability insurance through Brite Insurance Agency, a wholly owned subsidiary of GNY Insurance Companies. Contact your independent broker to assess your business risk and determine if directors and officers insurance coverage is needed.