Liability : Director's & Officer's Liability
This insurance designed to protect “Directors and Officers” liability arising from actions connected to their corporate positions.
The insurance provides Financial Protection for the directors and officers of the company in the event that they are sued in conjunction with the performance of their duties as they relate to the company.
The insurance usually includes Employment Practices Liability and sometimes Fiduciary Liability. The former involves harassment and discrimination suits, and is where the majority of exposure will be.