Directors and Officers Liability Insurance

Directors and Officers Insurance for Management Liability Risks

Management Liability

At IAT Insurance Group, our Directors and Officers (D&O) Liability coverage is a critical component of our Management Liability unit, designed to safeguard the personal assets of corporate leaders. This coverage is essential for organizations across various industries, offering protection against claims that arise from alleged wrongful acts committed in their roles as company directors and officers.

What is Directors and Officers Liability Insurance?

D&O Liability insurance provides coverage for defense costs, settlements, and judgments that result from lawsuits alleging mismanagement, breach of fiduciary duty, or other wrongful acts. This insurance is crucial in today’s litigious environment, where executives and board members are increasingly held accountable for their decisions. Whether it’s a private company navigating complex governance issues, a not-for-profit organization dealing with regulatory scrutiny, or a healthcare institution managing compliance risks, D&O Liability coverage offers vital protection.

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Management Liability

Whether it's a wrongful act, mismanagement, or employment practices issue, our Management Liability products are designed to provide the necessary coverage, allowing your clients to focus on running their businesses.

D&O

Coverage Highlights

Our D&O Liability coverage includes:

  • Side A limit options available

  • Derivative demand sublimit included 

  • Crisis Event sublimit included 

  • Executive Extended Reporting Period

  • Employed lawyers’ coverage available

  • Anti-trust coverage available

  • No hammer clause

Target Classes and Industries

We specialize in offering D&O Liability coverage for a diverse range of industries:

Frequently Asked Questions

Directors & Officers (D&O) liability insurance covers legal defense costs, settlements, and judgments related to claims alleging wrongful acts by company leaders. This includes claims for mismanagement, breach of fiduciary duty, regulatory investigations, and shareholder lawsuits arising from management decisions.

Common Directors & Officers (D&O) insurance exclusions include fraudulent or criminal acts, illegal personal profit, prior or pending litigation, bodily injury and property damage, and certain insured-vs.-insured claims. Coverage may also exclude risks covered by other policies, such as employment practices or cyber liability.

Any organization with a Board of Directors or executive leadership can benefit from D&O insurance, including private companies, public companies, and nonprofit organizations.

Directors & Officers (D&O) insurance is not legally required, but it is often required by investors, lenders, or board members as part of corporate governance best practices.

Directors & Officers (D&O) insurance covers management and governance-related claims, while general liability insurance covers bodily injury, property damage, and advertising injury claims.

The cost of Directors & Officers insurance depends on company size, industry, financial performance, claims history, and the scope of coverage and limits selected.

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Partner with IAT

As a wholesale broker, partnering with IAT Insurance Group means you have access to a partner who understands the intricacies of management liability. We offer the expertise and flexibility necessary to craft tailored solutions that meet the unique needs of your clients. By choosing IAT, you provide your clients with comprehensive protection that adapts to the evolving risk landscape.