Directors & Officers Insurance - Let us find your best coverage - protection for private company leaders
Directors and officers of private companies get sued by investors, lenders, competitors and regulators. Carriers look closely at financial strength, ownership and outside investors. Send us a few details and we will shop 50+ carriers for your best rate – no cost, no obligation. Prefer to talk? Call 800-616-3490.
Directors & Officers (Private) Quote Request
Applicant Information:
Have these handy
- Latest year-end financial statements
- Capitalization table / ownership list
- Bylaws or operating agreement indemnification terms
- Current D&O policy and loss runs
Related coverage
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.
- Personal asset protection - Covers directors and officers when the company cannot indemnify them.
- Company reimbursement - Reimburses the company when it indemnifies its leaders.
- Entity coverage - Claims made against the company itself, not just its people.
- Investor and lender suits - Allegations of mismanagement, misrepresentation or breach of duty.
- Regulatory defense - Defense costs for government and regulatory investigations.
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.
Prefer to talk?
- Toll-Free: 800-616-3490
- East Coast: 706-550-4418
- West Coast: 206-755-0101
- info@societiesinsurance.com
-
Mon-Fri 8:00am - 6:00pm
Sat 9:00am - 12:00pm
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 onlineEmployment Practices Liability
Claims from employees.
Get a quote Supplemental application (PDF)Want to save and finish later? Complete it onlineCommercial Crime
Employee theft and fraud.
Get a quote Supplemental application (PDF)Want to save and finish later? Complete it onlineSide A / Excess D&O
Extra personal protection for leaders.
Get a quote Supplemental application (PDF)Want to save and finish later? Complete it onlineRelated coverage
Cyber Liability
Data breaches and ransomware.
Get a quote Supplemental application (PDF)Want to save and finish later? Complete it onlineProfessional Liability (E&O)
Errors in services.
Get a quote Supplemental application (PDF)Want to save and finish later? Complete it onlineThis is a general overview. Coverage, availability and pricing vary by state, carrier and policy, and the policy itself controls. Questions? Call 800-616-3490.