Directors & Officers Liability

Directors and Officers Liability Insurance is liability insurance payable to the directors and officers of a company, or to the organization(s) itself, as indemnification for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for alleged wrongful acts in their capacity as directors and officers. Such coverage can extend to defense costs arising out of criminal and regulatory investigations/trials as well; in fact, often civil and criminal actions are brought against directors/officers simultaneously. Intentional illegal acts, however, are typically not covered under D&O policies.

Being a strong part of her community, Ms. Liljenberg has served on numerous boards and realizes the importance of organizations understanding and providing D&O insurance for its’ board members. In serving on any board this is a vital area of protection that often times individuals forget to confirm they are covered when serving.