Directors & Officers (D&O) Insurance

Directors and officers (D&O) insurance protects the personal assets of an organization's leaders when they are sued over decisions made in their governance roles. Place this coverage for your clients' boards, executives, and the entity itself.

What D&O actually covers

• →Claims of mismanagement, breach of fiduciary duty, and wrongful acts in governing an organization
• →Defense costs, settlements, and judgments against directors, officers, and board members personally
• →Entity coverage for the organization named alongside its leaders
• →Suits from investors, members, donors, regulators, competitors, and creditors
• •Often paired with EPLI and fiduciary liability in a management liability package

Who you should place it for

• ✓Nonprofits and charities with volunteer boards
• ✓Private companies and startups with outside investors
• ✓Community associations, HOAs, and condo boards
• ✓Trade associations and member organizations

How to place it through Baker

• →Send us the applicant's financials, governance structure, and any claim history
• →We quote nonprofit, private company, and association D&O forms across markets
• →Tell us if the client needs EPLI or fiduciary added so we quote the full management liability tower

** Terms used here are a summary only. Always refer to the policy form for actual terms, conditions, and exclusions.