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As a board member you can be held liable for your decisions and actions. Directors & Officers insurance provides coverage for management decisions for both privately held and non-profit organizations. A Directors & Officers policy can provide coverage for multiple exposures, including the following

  • Excessive compensation arrangements and insufficient reports of compensation committees.
  • Corporate acquisitions that would result in a loss of corporate assets.
  • Allegations regarding possible libel or slander.
  • Inefficient management resulting in losses.
  • Neglecting to qualify corporation in other states where it does business.
  • Selling or transferring corporate assets for inadequate consideration.
  • Paying dividends that may be either inadequate or excessive.

We can also combine Directors & Officers with Employment Practices Liability and Fiduciary Liability. Feel free to reach out with any questions.