D&O Private Company Flyer
Is your insured making excuses for not carrying D&O insurance? Excuses like, “We are a private company; no one will sue us,” or, “My personal assets are not at risk!” Make no mistake, private companies can be sued and their directors and officers’ personal assets are at risk. Claims for company and financial mismanagement and shareholder derivative demands are on the rise. Additionally, lack of oversight and social inflation is increasing the cost of claims.