Do you serve on a board of directors, and wonder what would happen if you get sued by employees, vendors, competitors, investors, customers, or other parties for actual or alleged wrongful acts and decisions made by you on behalf of the organization?   You’ll want to make sure that the organization has Directors & Officers Liability coverage to cover legal fees, settlements and other costs.   Some of the reasons Directors and Officers can get sued include:

• Breach of fiduciary duty
• Misrepresentation of company assets
• Misuse of company or organization funds
• Fraud
• Failure to comply with workplace laws
• Theft of intellectual property and poaching of competitor’s customers
• Lack of corporate governance

Talk with the agents at Pierson and Scott Insurance Agency about your board activities and whether this type of protection would be beneficial.

Request a Free Directors & Officers Insurance Quote