Directors & Officers Insurance for the People Who Lead Your Organization.
Executives, board members, and nonprofit directors make decisions every day that can expose them to personal liability. Directors and officers insurance — commonly called D&O — is generally designed to help protect the individuals who lead an organization from the personal financial consequences of management-related claims. Saint Moore Insurance Agency helps businesses, nonprofits, and growing companies find the right D&O liability coverage.
What Is Directors & Officers Insurance (D&O)?
Directors and officers insurance is a type of management liability insurance that helps protect the personal assets of corporate directors, officers, executives, and board members when they are sued for decisions made in their leadership capacity. Claims can come from shareholders, employees, creditors, regulators, or competitors — alleging mismanagement, breach of fiduciary duty, failure to comply with regulations, misleading statements, or other wrongful acts committed in their role.
D&O coverage is generally designed to respond to these types of claims by helping cover legal defense costs, settlements, and judgments. Without it, corporate director liability can fall on the individual — meaning personal savings, assets, and finances are at risk. Most D&O policies also provide coverage for the organization itself when it indemnifies its directors and officers.
D&O insurance is commonly carried by corporations, private companies, nonprofits, startups seeking outside investment, and any organization with a formal board of directors or leadership structure. Investors, lenders, and strategic partners often ask to see D&O coverage in place before entering into a relationship. Board member coverage is increasingly considered a basic requirement for governance-conscious organizations of any size.
The right structure for a D&O policy depends on your organization type, size, and risk profile. To explore your options, contact a Saint Moore Insurance Agency agent for a consultation.
