Directors and officers liability insurance
By Steve Savant
Ash Brokerage Corporation
There is a great degree of prestige and honor to be a board director or officer in a corporation. But the decisions of the board and their impact on their customers, employees — even the unintended dispensing of inaccurate information — can expose one to civil judgments. This type of defensive planning is beyond the scope of conventional E&O insurance. Steve and Ike address D&O liability insurance and explain in detail how it’s not the same coverage as traditional E&O.