Directors & Officers

In the event you are sued personally, D&O Liability Insurance is there to pay for costs relating to mounting a defence, and any damages or settlements relating to the matter.

Although there are many situations in which D&O insurance would be needed, organizations take out D&O insurance primarily to protect three things:

The personal assets of a company's directors and officers
The company's assets
The company from reimbursement costs to indemnify directors and officers for their losses, as well as defence costs associated with lawsuits and investigations

Essentially, D&O provides personal asset and balance sheet protection for private companies, public companies, and non profit organizations and their leaders.

Why is this important?

D&O insurance plays an important role for companies looking to attract and retain a top management team in an environment where heightened risk and increased oversight are part of corporate life. Purchasing D&O insurance should be viewed as one of the necessary components of corporate governance.

Why choose Fenchurch Faris?

Our team has deep expertise in D&O risk and coverage options. We can advise you on the best insurance solutions to protect against the financial impact of claims made against officers and company directors.

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