MLIS - How to Insure D&O Liabilities

Directors and officers (D&O) liability insurance is insurance coverage intended to protect individuals from personal losses if they are sued as a result of serving as a director or an officer of a business or other type of organization. Directors and officers of for-profit, publicly-held corporations and not-for-profits corporations face a number of legal liability exposures.

This course is designed to give a moderately experienced insurance person a detailed look at the key provisions contained within a corporate directors and officers (D&O) liability insurance policy and how they function within various claims scenarios. The manner in which a D&O policy’s limits, retentions, and coinsurance provisions apply is considered next, followed by a look at the policy’s most important conditions. The course reviews the exclusions section of the policy and the claims-made coverage trigger provisions.