Directors and Officers (D&O) insurance protects your company's executives and board members personally — and the company itself — from lawsuits alleging wrongful acts in their management of the business.
D&O claims commonly involve:
- Breach of fiduciary duty.
- Misrepresentation of company financials.
- Failure to comply with regulations.
- Mismanagement of company funds or assets.
- Employment-related claims (when paired with EPLI coverage).
- Decisions impacting shareholders or investors.
RMO BizD&O tiers:
- BizD&O I ($45/mo) — basic D&O liability for startups and small businesses.
- BizD&O II ($85/mo) — expanded D&O with EPLI for growing companies and advisory boards.
- BizD&O III ($150/mo) — comprehensive Side A, B, and C coverage for established companies.
- BizD&O IV ($250/mo) — maximum D&O with securities coverage for large enterprises and pre-IPO companies.
D&O is one of the most-recommended coverages for any business with outside investors, advisory boards, or regulated operations.