Protecting the Assets of Officers and Directors
Corporate directors and officers are sometimes held personally responsible for the acts of their company. Rather than put their personal assets at risk, you should protect them from claims by employees, clients and stockholders.
Directors and Officers Insurance (D&O) protects named individuals at for-profit and not-for-profit corporations against damages from claims of negligence or wrongful acts in the course of their duties. It also pays the corporation – and sometimes the officers and directors – a portion of expenses incurred to defend lawsuits.
Licensed insurance professionals at Hilb Group can measure the risk, and arrange appropriate coverage.