Get Free D&O Insurance Claims Advocacy Now
The Importance of D&O Insurance
D&O insurance is essential for protecting the personal assets of corporate leaders from claims that may arise from decisions and actions taken within the scope of their regular duties. These claims can include allegations of mismanagement, breach of fiduciary duty, or failure to comply with laws and regulations. With litigation costs on the rise, having a robust D&O policy is more important than ever. According to a report by Allianz, the average cost of a D&O claim can exceed $1.5 million, underscoring the need for comprehensive coverage1.