D&O Insurance

D&O Insurance Explained

When directors and officers breach their duties or fail to perform their functions, legal action can be brought against them by different parties. Understand what are the rules governing directors and officers and where potential liabilities may arise.

what is D&O insurance

Why Directors and Officers need insurance

When directors and officers breach their duties or fail to perform their functions, legal action can be brought against them by different parties. Understand what are the rules governing directors and officers and where potential liabilities may arise.

Employment Practices Liability Coverage: Third-Party EPLI

Third-Party Employment Practices Liability Insurance

Third-party Employment Practices Liability Insurance (EPLI) protects organizations against financial loss from discrimination or harassment claims brought against them by someone from outside the insured organization – by a third party. 

D&O insurance for company directors and officers

How does D&O Liability Insurance work?

A D&O insurance policy consists of multiple insuring agreements, typically known as Side A, Side B, and Side C. The purpose of this article is to describe the value of D&O insurance by offering a description and claims example of each insuring agreement.

Indemnification and D&O

D&O: Indemnification and D&O Insurance – Side B Coverage

Side B coverage in a D&O insurance policy is all about indemnification. It’s purpose is to financially protect the insured organization when it indemnifies its directors and officers for loss due to a claim. Indemnification is the action of indemnifying, of reimbursing or compensating, a party for loss suffered.

Non-indemnifiable loss

D&O: Importance of Side A Coverage

While it’s common practice for an organization to indemnify its directors and officers, doing so isn’t always possible. That’s where Side A coverage comes in.

Resources

Browse Our Knowledge Library

D&O Insurance