Startup Success Hinges on D&O Secrets Revealed
Real-World Examples and Data
In recent years, the number of lawsuits against directors and officers has increased significantly. According to a report by Allianz, the frequency of D&O claims has risen by 34% over the past five years1. This trend underscores the importance of D&O insurance, particularly for startups that may not have the financial resilience to withstand such legal challenges. Furthermore, the cost of D&O insurance for startups can vary widely, typically ranging from $5,000 to $10,000 annually, depending on factors such as the company’s size, industry, and risk profile2.