Societies Insurance

Directors & Officers (Private) Quote Request

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Coverage details

What Directors & Officers coverage includes

Directors and officers (D&O) insurance protects company leaders and the business itself from claims tied to management decisions. Investors, lenders, competitors, customers and regulators can sue directors and officers personally. D&O pays defense costs and settlements so owners' personal assets are not at risk, and it is often required by investors and board members.

Good to know: two years of positive cash flow and no debt covenant problems usually earn the best terms. Startups burning cash should apply early.

Not covered: fraud or illegal profit once finally adjudicated, bodily injury and property damage, and prior and pending litigation.

Insurance Application:

Directors & Officers (Private)Begin Application

Required forms

Directors & Officers (Private) Supplemental Application (PDF)Want to save and finish later? Complete it online

Management liability supplements (add any that apply)

Directors & Officers (Nonprofit) (PDF)Want to save and finish later? Complete it online

Employment Practices Liability (PDF)Want to save and finish later? Complete it online

Commercial Crime (PDF)Want to save and finish later? Complete it online

Download, complete and email to quote@societiesinsurance.com, or attach them with your quote request. More options are listed below.

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D&O explained

How D&O insurance works

Most D&O policies have three insuring agreements, often called Side A, B and C.

Side A

Protects directors and officers personally when the company cannot indemnify them.

Side B

Reimburses the company when it pays to defend its leaders.

Side C

Covers claims made against the company itself.

Who sues directors and officers? Investors, lenders, vendors, competitors, customers, regulators and employees. Many private-company policies package D&O with employment practices, fiduciary and crime coverage.

Who needs it

When D&O matters most

Common triggers

  • Raising money from outside investors
  • Adding outside board members
  • Mergers, acquisitions or a sale of the business
  • Taking on significant debt
  • Operating in regulated industries

What affects your rate

  • Revenue, assets and financial condition
  • Industry and regulatory exposure
  • Ownership structure and investors
  • Prior claims and litigation
  • Limits and retention

Nonprofits need it too. Board members of nonprofits can be sued personally. See D&O for nonprofits.

Management liability

Build your management liability program

Start with the D&O application, then add related management coverage.

Management liability

Directors & Officers (Nonprofit)

D&O for nonprofit boards.

Get a quote Supplemental application (PDF)Want to save and finish later? Complete it online

Employment Practices Liability

Claims from employees.

Get a quote Supplemental application (PDF)Want to save and finish later? Complete it online

Commercial Crime

Employee theft and fraud.

Get a quote Supplemental application (PDF)Want to save and finish later? Complete it online

Side A / Excess D&O

Extra personal protection for leaders.

Get a quote Supplemental application (PDF)Want to save and finish later? Complete it online

Related coverage

Cyber Liability

Data breaches and ransomware.

Get a quote Supplemental application (PDF)Want to save and finish later? Complete it online

Professional Liability (E&O)

Errors in services.

Get a quote Supplemental application (PDF)Want to save and finish later? Complete it online

This is a general overview. Coverage, availability and pricing vary by state, carrier and policy, and the policy itself controls. Questions? Call 800-616-3490.

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