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D&O Insurance for Board of Directors

November 21, 2025 by
Inspire Surety

Directors and Officers Insurance

Directors and officers insurance (D&O) protects company leaders from personal financial loss if they are sued for decisions made while managing a business. This coverage is essential for boards, executives, and managers who face risks tied to leadership responsibilities.

For a full overview of coverage options, visit our D&O Insurance Coverage page.

D&O Insurance

D&O insurance provides liability protection for directors and officers.

  • Covers defense costs, settlements, and judgments.

  • Helps attract and retain top talent by reducing personal risk.

Directors Liability Insurance

Directors liability insurance focuses on claims against board members.

  • Protects against allegations of mismanagement or breach of duty.

  • Ensures directors can serve confidently without fear of personal loss.

Officers Liability Insurance

Officers liability insurance safeguards executives from lawsuits tied to their decisions.

  • Applies to CEOs, CFOs, and other senior leaders.

  • Coverage includes employment practices, regulatory issues, and financial reporting.

D&O Liability Coverage

D&O liability coverage extends protection across the leadership team.

  1. Shareholder lawsuits.

  2. Regulatory investigations.

  3. Employment‑related claims.

Executive Liability Insurance

Executive liability insurance is broader, often combining D&O with other protections.

  • May include fiduciary liability and employment practices liability.

  • Designed for companies with complex risk profiles.

Management Liability Insurance

Management liability insurance protects the entire management team.

  • Covers wrongful acts, misrepresentation, and negligence.

  • Often packaged with D&O for comprehensive protection.

Corporate Liability Insurance

Corporate liability insurance protects the company itself.

  • Covers claims against the organization for wrongful acts.

  • Complements D&O by shielding both the entity and its leaders.

Board of Directors Insurance

Board of directors insurance is tailored for board members.

  • Ensures decisions made in good faith are financially protected.

  • Critical for nonprofits, startups, and corporations alike.

D&O Insurance Policy

A D&O insurance policy outlines the scope of coverage.

  • Defines limits, exclusions, and responsibilities.

  • Should be reviewed annually to match evolving risks.

Key Takeaways

  • D&O insurance protects leaders from personal liability.

  • Coverage extends to directors, officers, executives, and boards.

  • Policies should be customized to fit company size and industry.

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