D&O liability insurance

August 22nd, 2008 by admin

The insurance industry has come a long way over the years. Where once the public were at the mercy of corporations and their wrongdoing, there is now some protection, in the form of directors and officers liability insurance.

Commonly referred to in the insurance industry as directors and officers liability, and far from being the ’silver bullet’ that it is often perceived to be, this type of insurance has grown from its original conception as personal financial protection to a blanket of policies designed to protect the corporation as well as its officers and directors. There is a perception that this type of insurance is paid only to directors and officers and this is not at all true.

Posted in Business