Directors and Officers (D&O) Liability Insurance in New Hampshire, Maine, and Massachusetts

Management liability insurance, also known as directors and officers (D&O) liability insurance, protects directors and officers of an organization if they are personally sued when managing a company or nonprofit organization. D&O covers costs and damages (awards and settlements) that arise from wrongful action allegations and lawsuits brought against members of the board of directors or an officer of an organization. A D&O policy can help reimburse an organization for the legal fees, settlements and other costs of defending directors against a lawsuit. A director or officer can be part of a lawsuit for a company even if they no longer are part of the executive team or no longer work for the organization. If you have a board of directors for your organization, you should discuss D&O insurance with your agent. We would be happy to answer any questions regarding this type of insurance, and shop around for you to make sure we find the best policy for a very competitive price.