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Directors & Officers Liability Insurance, Under-insured and Underrated!

In a decisive time for business owners where people’s jobs are at stake and shareholders are at risk, D&O Insurance is the only policy that protects the officers and directors from making these impactful decisions.

Elon Musk of Tesla dropped his D&O insurance policy for the board of directors at Tesla and decided to self-insure. Moves like this one have turned into a trend of companies looking for creative workarounds to the increasing premium rates for D&O coverage.

Any board should have D&O liability coverage and a good strategy for protection because plaintiffs have a good strategy for litigation and aren’t scared to bring it to you.