Directors and Officers Liability Insurance protect company directors and officers from legal claims

D&O Liability Insurance, or Directors and Officers Liability Insurance, is an insurance policy designed to protect the personal assets of company directors and officers from legal claims that may arise as a result of their decisions or actions in carrying out their duties. This type of insurance has become increasingly popular recently for several reasons, including: 1. Increasing public awareness of the law: People are becoming more aware of their rights and are more courageous in demanding compensation if they feel disadvantaged by the company’s decisions or actions. 2. Regulatory complexity: Increasingly complex business regulations make directors and officers more vulnerable to lawsuits if they do not understand or comply with the regulations. 3. Increasing number of lawsuits against directors and officers: As public awareness and regulatory complexity increase, the number of lawsuits against company directors and officers is increasing. The main benefits of D&O Liability Insura