Directors and Officers Liability Insurance
In an increasingly litigious world, your company’s officers and board of directors are personally at risk to incur financially crippling lawsuits, making it difficult to attract top-tier talent. These vulnerabilities to risk may arise from the very qualities—initiative, vision, and business strategy—for which you hired them.
Invaluable Individual Coverage
Director and officers insurance policies can be purchased to provide ‘sleep easy’ protection. The insurance cover will reimburse your company if you indemnify your directors and officers for a claim that would be covered under this type of policy. In the event your company is unable to provide the required or adequate indemnification, insurers will ensure that the individual’s personal assets are protected by paying for the costs and expenses associated with defending a claim.
Directors’ and Officers’ Insurance Policy Design
Aon will help you design and implement a Directors’ and Officers’ liability insurance policy that fits with your business, by identifying your corporate and personal exposures to liability. We then create a program that incorporates risk mitigation recommendations as well as the broadest D&O insurance coverage available.
Directors’ and Officers’ Insurance Fills Your Risk Gaps
In the event your company is unable to provide the required or adequate indemnification, insurers will ensure that the individual’s personal assets are protected by paying for the costs and expenses associated with defending a claim.
Decades of D&O Insurance Services Development
For nearly 20 years, Aon has championed the progression of Directors’ and Officers’ liability insurance. In fact, Aon professionals first developed many D&O products that are now industry standards. Today, we place billions of premiums in D&O liability, giving us significant leverage over our competitors.