Directors and Officers Liability Insurance

The conduct of directors and officers today is coming under increased regulatory and legal scrutiny these days. Although it is large public companies that make headline news as targets of litigation by stakeholders, private middle-market and smaller, family owned firms are also frequent targets of such lawsuits. These lawsuits involve alleged wrongdoings, such as financial mismanagement, misappropriation of funds, negligence.

Directors & Officers (D&O) Liability insurance is an effective solution in mitigating a firm’s overall exposure, protecting against risks associated with management actions and the decisions of a company’s directors and officers. The policy is designed to protect the firm itself and its directors and officers from liability due to breaches of duty resulting from negligence, error, or omission. Coverage also includes defense costs and court fees for covered claims. It is, however, not designed to from intentionally wrongful or illegal acts. There is no coverage for illegal gains or profits, fraud or other intentional, illegal conduct.

A.D. Martin Commercial Insurance can help protect the personal assets of your directors and officers, as well as the financial well being of your company with our D&O Liability insurance plans. We’ll carefully analyze your operations to determine the coverage that will offer maximum protection for your business and your executive team.

Protecting management against liability risks.

A.D. Martin provides business insurance throughout the counties of Atlantic, Cape May, Gloucester, Salem, Cumberland, Camden and Burlington in New Jersey; New Castle County in Delaware; and Chester, Philadelphia and Delaware Counties in Pennsylvania.