Directors & officers

In practiceA director is personally named in a suit over a management decision, and this pays their legal defence.

Not coveredCriminal acts, fraud, and decisions made for personal profit are excluded.

In practiceShareholders or a regulator challenge how the organization was run, and the policy responds to the claim against leadership.

Not coveredThis is claims-made, so the claim must be reported while the policy is active.

In practiceA former employee alleges wrongful dismissal or discrimination, and employment-practices coverage defends the organization.

In practiceWhether a non-profit board or a growing corporation, the coverage protects the people making the decisions.