Director and Officers Insurance
Protecting your employees; protecting your business
Director and officers insurance is crucial for businesses as it provides financial protection for company directors, officers, and board members against claims of wrongful acts or decisions made in their official capacity. This insurance not only safeguards the personal assets of executives but also helps attract and retain top talent by providing reassurance against the potential financial risks associated with their roles. Though similar to professional liability insurance, D&O insurance specifically protects directors and officers from claims related to management decisions; professional liability insurance provides broader coverage for professionals in various fields against claims of professional negligence or mistakes in their services.
Who needs director and officers insurance?
Many businesses would benefit from director and officers insurance. Here are some common industries.
Publicly traded companies
Nonprofit organizations
Private companies with multiple shareholders
Financial institutions
Startups seeking funding from venture capitalists
Companies planning mergers or acquisitions
Businesses with a history of shareholder lawsuits
Coverage Areas
We are proud to serve the Upstate of South Carolina, including Greenville-Greer-Spartanburg-Anderson metro area, North Carolina, including Winston-Salem and Greensboro, and Northeast Ohio, including Akron and Cleveland. Contact us today to experience the difference an insurance broker can make.