In a heightened risk environment where directors are being held responsible for their organization’s risk strategies, directors need to be closely involved in their own and their organization’s insurance protection. The starting point for many is directors and officers (D&O) liability insurance, which protects directors in the event of legal action against them personally.
The following summary relates to corporate directors and officers (D&O) insurance policies, which are the most common form of D&O insurance. D&O insurance policies may identify the individuals and entities it covers as ‘insured persons’ either by listing their role or their name.
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