Directors & Officers Insurance

Secure Your Business Leaders with Customized D&O Insurance Solutions from Promise Agency

As a business owner, you know the importance of protecting your company and its leadership from potential financial losses. That's where D&O - Directors and Officers Insurance comes in. D&O insurance is a type of liability insurance that provides coverage to directors and officers of a company against claims of illegal acts in their capacity as leaders. In California, where the legal landscape is constantly evolving, Promise Agency’s D&O insurance can be a huge game changer for your company.

What Does D&O Insurance Cover?

What Does D&O Insurance Cover?

Here are the things that D&O insurance covers:

  • D&O insurance provides coverage for directors and officers in the event they are sued for alleged wrongful acts or omissions related to their roles at the company.
  • The coverage includes defense costs, settlements, and judgments, and can protect against claims of breach of fiduciary duty, mismanagement, and other alleged wrongdoings.
  • D&O insurance can cover claims brought by shareholders, employees, customers, and regulatory agencies, and can extend to both current and former directors and officers.
  • Policies can be customized to fit the needs of the company, with various coverage limits and deductibles available, and can cover a wide range of industries and locations.
  • D&O insurance can help attract and retain talented executives, and in some cases can also provide coverage for expenses related to internal investigations or shareholder lawsuits.
Functioning of D&O Insurance

Functioning of D&O Insurance

Directors and Officers (D&O) insurance protects company executives from personal financial liability resulting from alleged wrongful acts committed in their capacity as a director or officers of the company. The policy pays for legal defense costs, settlements, or judgments. D&O insurance is typically purchased by the company on behalf of its executives.

Safeguard Your Directors & Officers with Promise Agency!

At Promise Agency, we understand that every business is unique, and we work closely with our clients to tailor their insurance coverage to their specific needs. Don't leave your company's future to chance – contact Promise Agency for all of your D&O insurance needs.